As your company’s year-end approaches, it’s a challenging time with focuses on profitability, cash flow, and customer retention. It’s crucial to take the time to review, plan, and take advantage of significant tax breaks available to business owners and individuals.

Personal and business finances are closely linked, and there are many time-limited allowances available. If you don’t use them, they will be lost.

Consider these questions before your business’s year-end:

• Should you make a company or personal pension contribution?
• Should you pay yourself a bonus or a dividend?
• What capital investments do you need to make?
• What allowances should you use?

These decisions will impact your overall financial planning, including mortgage and pension planning, affecting your financial future.

Take the time now to review your business and personal financial position. Determine which allowances are available and the best way to use them for today and tomorrow.

We work with our clients and their professional advisers to navigate these choices. Often, significant gains can often be achieved by adjusting existing plans.

If you’d like to learn more, please get in touch.

Thank you for reading and I hope to speak with you soon. Act now to avoid future regret.

Tax treatment varies according to individual circumstances and is subject to change.

Taxation Advice is not regulated by the Financial Conduct Authority.

Approver Quilter Wealth Limited, Quilter Financial Limited, Quilter Financial Services Limited & Quilter Mortgage Planning Limited. Quilter Financial Planning Solutions Limited. April 2025.