Minimise the tax burden on your business with our tax planning service. From corporation tax to self-assessment for partnerships, VAT to employee and director remuneration strategies, it’s important to make the most of the opportunities available.

We won’t advise you to use risky unproven tax schemes. Instead we work closely with you, get to know your requirements and then create a sound tax planning strategy that fits you perfectly.

Corporation Tax Planning

• Make sure you’re taking full advantage of all possible reliefs and capital allowances when calculating your corporation tax liability.

• Achieve optimum capital or revenue tax treatment.

• Reduce tax on disposals and maximise relief on acquisitions.

• Use Research and Development (R&D) tax claims where appropriate.

Income Tax Planning

We start by looking at what are your plans for the near and far future – and what the tax implications of these plans are. We then examine:

• How your tax position fits with those close to you, i.e. your spouse and dependents.

• Whether you should be moving money around to improve your tax-efficient return.

• How you can avoid paying the higher and additional rates of income tax.

• The use of Gift Aid, pension contributions and the Enterprise Investment Scheme (EIS).

Director and Employee Benefit and Pay Strategies

The level of tax payment and national insurance contributions are determined by pay structures you have in place for the company, your employees and your directors. We work with you to devise tax planning strategies that work to everyone’s benefit.

Some of the issues we could help you with are:

• Whether directors benefit more from higher dividend or salary payments

• Staff benefit schemes and the tax preference treatment given to them

• The implications of using company vehicles

• The advantages and disadvantages of home working

Capital Gains Tax Planning

You may be required to pay Capital Gains Tax (CGT) if you’ve made or are planning to make any ‘gains’ from the sale or disposal of assets. How much depends on several factors, the type of asset and your allowance.

We can help you:

• Minimise the amount of CGT on the sale of property.

• Structure your affairs so you only pay the minimum CGT on the sale of certain assets.

• Defer CGT using various reliefs and exemptions available.

• Understand how to use the Enterprise Investment Scheme (EIS) effectively.
  

Inheritance Tax Planning (IHT)

Reduce the tax burden on beneficiaries by strategically managing and distributing assets, ensuring more of your wealth is passed on to your loved ones.

We can help you:

• Undertake a general review of your and your family’s assets.

• Reduce the amount of IHT you’ll pay, by taking advantage of lifetime planning such as the use of gifts and pension contributions.

• Structure wills effectively.

• Use trusts and other shelters to protect and maximise your family’s inheritance, in conjunction with your legal advisors.