Taxation planning and returns

With the advent of Use of Money Interest (UOMI) the Inland Revenue Department has passed the responsibility of tax planning back onto you, the taxpayer. This means the traditional process of paying provisional tax based on the previous year’s profits is no longer a safe one.

Generally speaking, the larger your business activity, the more exposed you will be to potential UOMI charges and this can be an expensive alternative to bank funding for many clients. We can help manage your tax affairs to minimise any UOMI charges and make sure you take advantage of any tax concessions available.

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