Understanding our written recommendations
What our recommendations include, and how to read and act on them
After your Annual Tax Efficiency Review, we send you a written summary of our recommendations. This is a practical document in easy-to-understand language, not a lengthy technical report.
What the recommendations typically include
- Recommended salary level for the new tax year, with the rationale
- Recommended dividend strategy for the year
- Any pension contribution recommendations with the estimated Corporation Tax saving
- Any other specific actions to consider before your year end
How to read the recommendations
Each recommendation includes a brief explanation of why it is being made and the estimated financial benefit. Where a recommendation involves a decision (for example - whether to make a pension contribution), we explain the upside and any downside so you can make an informed choice.
Acting on the recommendations
You are not obliged to act on every recommendation. They are advisory. However, where a recommendation would reduce your tax bill with no material downside, it is worth implementing promptly. Many are easy to put in place and take effect from your next payroll.
💡 Good to know: Keep your written recommendations somewhere accessible. They contain the agreed salary and dividend strategy for the year. Referring back to them before taking any significant financial decision helps ensure you stay on track.
Not found what you're looking for?
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Phone: 020 3897 2233
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