Every financial decision has a tax consequence. The challenge is knowing what that consequence will be before you commit.
That's why we've developed TaxImpact — a powerful tax planning and simulation platform that allows individuals, company directors, investors, landlords, and business owners to model real-life scenarios and instantly understand the tax implications.
Whether you're deciding between salary and dividends, considering incorporation, investing through a company, purchasing a buy-to-let property, making pension contributions, or assessing the impact of the latest Budget announcements, TaxImpact helps you see the numbers before you act.
Tax planning shouldn't rely on guesswork. TaxImpact allows you to test multiple scenarios side-by-side and instantly compare outcomes, giving you the clarity to make informed decisions with confidence.
In minutes, you can:
TaxImpact has been developed by the team at Claremont Accounts to provide practical, real-world tax modelling based on the questions our clients ask every day.
Rather than waiting for year-end surprises, you can see the potential tax consequences of your decisions instantly and take action with confidence.
Claremont Accounts clients receive complimentary credits for their first 30 calculations, allowing you to experience the full power of TaxImpact at no cost.
The most valuable tax planning happens before a decision is made.
Create your TaxImpact account today and discover how small changes can make a significant difference to your tax position.
Go To TaxImpactWatch the short videos below to see TaxImpact in action and learn how to get the most out of the tool.
Compare the tax impact of paying a salary versus dividends for UK directors and limited companies. This analysis includes Income Tax, Corporation Tax, and National Insurance contributions (NICs), alongside the relevant payment due dates. You can run an unlimited number of 'what-if' scenarios to model various combinations of salary, bonuses, and dividends, as well as compare different timing options for making these payments.
Easily visualise your net tax position for investments in Venture Capital Trusts (VCTs), Enterprise Investment Schemes (EIS), and Seed Enterprise Investment Schemes (SEIS). This demo shows you how to simulate the Income Tax and Capital Gains Tax reliefs or liabilities arising from buying, selling, and holding VCT, EIS, and SEIS investments across various tax years.
This quick 45-second demo shows UK private landlords how to simulate a consolidated tax view across diverse rental property portfolios. It supports an unlimited number of UK and offshore residential or commercial properties, while fully accounting for relevant deductions and tax reliefs. Crucially, the simulation models the impact of the latest tax rule changes and recent Budget announcements.
