We take the stress and worry out of the HMRC compliance for businesses.
Our tax experts will review your businesses activities to claim valuable reliefs available in order to maximise the tax savings available to you. This advice can tie in with management accounts prepared by our accounts team to optimise your overall business and tax planning.
We create bespoke solutions to help businesses when they are expanding or looking to secure their future through succession planning. As well as being business opportunities these events often give rise to tax planning opportunities which we will always bring to your attention.
We act for clients who need to report the income from a single rental property, to high net worth individuals with complex tax affairs. Our tax experts will take the worry out of the HMRC compliance and advise on reliefs from simple expense deductions to more complicated schemes such as the Enterprise Investment Scheme.
Our Tax and Accounts teams work together to review individuals’ dividend and pension positions prior to the year end to achieve the best tax results for our clients.
We are also able to deal with tax credit claims and can review your State Pension eligibility.
For the first time since the 1970’s the main rate of corporation tax is set to increase. This makes the role of our corporation tax experts all the more important. They are able to ensure that all reliefs available to your business are reviewed and where applicable claimed in order to save your business tax.
We continually review the latest developments in tax law to assess the impact of these on your business. There are many valuable reliefs available to companies including annual investment and capital allowances claims, research and development relief and the Seed Enterprise Investment Scheme amongst others.
Planning in advance of strategic business events such as the admission or retirement of directors or shareholders can save both business and personal tax.
Our team of tax specialists can advise you on the tax implications of selling or gifting assets.
This is a complex tax and is particularly relevant when selling assets or passing them from one successful generation to the next as businesses and assets grow.
The most important element in this planning is getting a real understanding of what the individuals want and need from the sale or succession, and developing a practical and tax efficient strategy to achieve this.
We deal with the reporting requirements on the sale of property. Timing is important here, especially with residential property where the reporting deadline is now just 60 days after completion.
Planning your affairs to minimise the tax your beneficiaries will pay after your death can be a difficult area for many to discuss. We have a dedicated and experienced team of tax specialists who will be able to review your estate and calculate your likely exposure to Inheritance Tax. We can then advise you how to structure your affairs to reduce your tax exposure, making the best use of reliefs available.
Our Trust and Estate Practitioners will also be able to guide you through the process of setting up trusts, advise you on the tax consequences and can assist with any ongoing trust compliance requirements including the preparation of trust accounts, tax returns, Inheritance Tax returns and registration with the Trust Registration Service.
The period after a bereavement is a difficult time and our Trust and Estate Practitioners are able to guide you through the process of making a personal application for Probate.
We can help executors through what can be the complicated process of completing Inheritance Tax returns making sure that all available Inheritance Tax Reliefs are claimed before assisting with the distribution of assets to the estates beneficiaries.
VAT is a wide-ranging and complex tax. Reviewing the VAT status of property at purchase, diversification or development including options to tax and the VAT treatment of future income streams can significantly change future cash flows and returns.
Working alongside you our advisors will help you to make the best decisions for your business and circumstances.
This is the area of business where we as your accountant and tax advisor are able to add value on a day-to-day basis. We aim to minimise the tax you pay and thus maximise your net worth through our detailed knowledge of specific tax rules and regulations.
We have experience in many areas including but not limited to:
