How accounting helps reduce taxes in your company

In a competitive business environment, the search for solutions that increase financial efficiency is a priority. One of the most recurring challenges for entrepreneurs is the high tax burden in Brazil, and many wonder: how to reduce taxes legally and strategically?

The answer may lie in effective accounting management. In this article, we'll explore how accounting can help reduce taxes in your company and ensure better financial health for your business.

The importance of accounting management

Before we discuss how accounting can reducing taxesIt is essential to understand the importance of accounting in the management of a company.

Accounting goes far beyond tax calculation and payroll control. It offers a clear view of finances, allowing managers to make decisions based on real data.

With well-structured accounting, it is possible to identify opportunities for tax savings, make the correct tax assessment and make use of the tax benefits available.

In addition, an experienced accountant can help optimize cash flow and long-term financial planning.

How can accounting reduce taxes?

Now that we've understood the central role of accounting, let's explore in more detail the strategies that can be adopted to reducing taxes in your company.

1. choosing the right tax regime

One of the most important factors for reducing taxes is to choose the right tax regime for your company.

In Brazil, there are three tax regimes: Simples Nacional, Presumed Profit e Real Profit. Each of these schemes has its own peculiarities and the right choice can generate considerable savings.

• Simples Nacional: Ideal for micro and small companies, this regime offers reduced tax rates and a simplified way of calculating and paying taxes. It's a good option for companies earning up to R$ 4.8 million a year.

• Presumed Profit: For companies with high profit margins, Presumed Profit can be advantageous, since taxation is calculated on the basis of a profit margin pre-set by the government, which can result in a reduction in taxes compared to Real Profit.

• Real Profit: This regime is mandatory for companies with annual turnover of more than R$ 78 million or operating in certain sectors, but it can be an interesting choice for companies with low profit margins.

Although more complex, it allows you to deduct various expenses, which can help to reducing taxes.

With the help of a specialized accountant, you can simulate the different regimes and identify the one that provides the lowest tax burden.

2 Tax planning

Tax planning is one of the most effective tools for reducing taxes. It consists of a detailed analysis of the company's activities, expenses and income, and the tax framework to identify savings opportunities.

In tax planning, the accountant evaluates:

• The most appropriate tax regime.
• The possibility of using tax incentives.
• The correct entry of deductible expenses.
• The reorganization of the corporate structure, when necessary.

This planning is not just a one-off exercise, but must be constantly updated as the company grows and tax legislation changes.

Well-executed tax planning can avoid paying undue taxes and maximize the tax credits available.

3. taking advantage of tax incentives

The Brazilian government offers various tax incentives, both at federal, state and municipal level, which companies can take advantage of to reducing taxes.

However, many entrepreneurs don't know how to access these benefits or aren't even aware of their existence.

The main incentives include:

• Good Law: Companies that invest in technological innovation can benefit from significant tax deductions.
• Manaus Free Trade ZoneCompanies that operate in or purchase products from the Manaus Free Trade Zone have tax exemptions or reductions.
• Payroll exemptionIn some sectors, it is possible to replace the social security contribution on payroll with a rate on gross revenue.

With the help of specialized accounting, you can identify which incentives apply to your company and how they can be used to reducing taxes.

4. correct entry of deductible expenses

One of the most efficient ways of reducing taxes is through the correct entry of deductible expenses.

Companies can write off various operating expenses when calculating taxes, but it is essential that these expenses are duly substantiated and recorded in accordance with tax regulations.

Accounting is responsible for ensuring that expenses are entered correctly and that taxes are calculated accurately, avoiding overpayment.

5 Cash flow management

Good cash flow management can also help to reducing taxes. When the cash flow is well managed, the company can better organize the payment of taxes and avoid fines and interest for delays.

In addition, by forecasting tax payments, it is possible to identify whether there is a need to renegotiate tax debts or join installment programs, such as Refis.

The importance of having specialized accounting advice

In order to implement all these strategies effectively and ensure that your company succeeds reducing taxes Within the law, having specialized accounting advice is essential.

A team of qualified accountants can identify opportunities for tax savings and ensure that all obligations are fulfilled correctly, avoiding problems with the tax authorities.

A CLM Accounting has years of experience in the market and is prepared to help your company reduce its tax burden efficiently and safely.

With personalized support and tax planning strategies, we can maximize the financial efficiency of your business.

Conclusion

A tax reduction is a goal that every company seeks to achieve, but it requires well-structured accounting planning to ensure that this happens legally and strategically.

By choosing the right tax regime, correctly entering deductible expenses, taking advantage of tax incentives and efficient financial management, it is possible to considerably reduce a company's tax burden.

If you want to reducing taxes in your company and ensure optimized tax management, contact CLM Accounting.

Our team is ready to offer the best solutions for your business, helping you achieve greater tax and financial efficiency