Tax management is a complex and risky undertaking at the best of times, but these days businesses also have to contend with economic uncertainty and ever-growing regulatory oversight. Tax is a major cost to profitable companies. It pays to take a little time thinking about how to keep that tax ‘hit' to a minimum. All companies aim to earn profits, and in planning for this it would not make much sense to disregard what can be one of the major costs tax, in all its forms. When looking to make major business decisions perhaps when buying a business, investing in a major new asset, or thinking about selling up most directors will seek guidance on tax issues. But all transactions have tax consequences and it pays to think about how to keep tax to a minimum not just on special occasion but as a matter of routine. This important will help students and professionals get to the bottom line without getting bogged down in the details of taxes.
