How can I reduce my tax bill?

Right place at the right time

The time to do something about your tax bill is before your year-end. After the year-end leaves you very limited to what you can do. If you keep your bookkeeping up to date, you can prepare management accounts quickly to provide you with a good idea what your profits and tax are likely to be. Then you have the opportunity to think about it, consider your options and do something about it.