Tax Planning & AdvocacyALTax
Tax planning is the analysis of a financial situation or plan from a tax perspective. The purpose of tax planning is to ensure tax efficiency, with the elements of the financial plan working together in the most tax-efficient manner possible. Tax planning is an integral part of a financial plan. Tax planning is very close to tax avoidance.
Tax avoidance is the legal usage of the tax regime in a single territory to one’s own advantage to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, although unlike tax avoidance tax sheltering is not necessarily legal.
• Helping businesses and individuals create strategies for dealing with tax and prepare for their future in the market
• Advising on aspects of property transactions, including acquisitions of assets and companies, and the use of tax-efficient structures in deals, including the effective use of partnerships and co-ownership structures.