Good tax planning is not a year-end exercise. For owner-managed businesses, it requires an ongoing strategy that considers the company and its directors together — and adapts as circumstances and legislation change.

Tax planning built around you and your business

Most accountants treat business tax and personal tax as separate matters. For owner-managers, that approach misses the point. The decisions you make about salary, dividends, pension contributions, and retained profits are business decisions and personal ones simultaneously — and the best tax strategy accounts for both at once.

At Harrison North, every business tax client receives a tailor-made strategy that covers all areas of the business. But we go further: we consider your personal circumstances alongside your company’s position, so that the advice we give optimises your overall tax exposure, not just the figure on the corporation tax return.

Ongoing advice, not annual compliance

Tax legislation changes. Your business changes. What was the right structure two years ago may not be the right structure today. We provide business tax advice on a continuous basis — reviewing your position as HMRC guidance evolves, as your revenues grow, and as your personal circumstances shift.

That means you are not relying on a once-a-year conversation to catch issues or opportunities. You have an adviser who is already across your affairs and can act quickly when something changes.

Salary, dividends, and profit extraction

For owner-directors, one of the most important tax questions is how to extract value from the business efficiently. We advise on the optimal balance of salary and dividends in light of your personal income tax position, National Insurance thresholds, and any other income you receive outside the business.

Pension planning

Employer pension contributions remain one of the most tax-efficient ways to extract value from an owner-managed company. We advise on contribution timing, annual allowance utilisation, and the interaction between pension planning and wider profit extraction strategy.

Corporate structure and tax efficiency

Whether you are considering a group structure, a holding company, or a restructuring ahead of a transaction, we assess the tax implications thoroughly and advise on how to achieve your commercial objectives in the most efficient way available.

Capital allowances and reliefs

We ensure that all available reliefs — including capital allowances, R&D tax credits where applicable, and any sector-specific reliefs relevant to your business — are identified and claimed. These are often underclaimed, particularly by businesses without dedicated in-house tax resource.

What to expect from Harrison North

You will not receive generic advice that could apply to any business. Every recommendation we make is specific to your company, your sector, and your personal circumstances. Our tax work is carried out by senior staff who understand the commercial context behind the numbers — not just the technical rules.

Contact us

If your current accountant is reactive on tax — telling you what you owe rather than helping you pay less of it — it may be time for a conversation.