Corporation TaxToday's UK corporate tax system is one of the most complicated in the world. Unless your company gets the right tax advice, you could easily find that it is not taking advantage of reliefs and allowances to which it is entitled.
You need to know that your company, or group of companies, is structured in such a way that you can maximise any advantages that the tax system offers. This should take into account the inter-relation with other taxes, such as Capital Gains Tax (CGT) and Inheritance Tax (IHT). By way of example, an asset in the wrong company or surplus funds in a company could prejudice Business Asset Taper Relief for CGT or Business Property Relief for IHT. It is easy to see that structuring your companies and the asset allocation within them requires early consideration and planning. You will also need to consider succession planning. This might include family members, or introducing key employees by way of share ownership and incentive schemes. If your company does business overseas, you will need to know how best to structure the overseas operation; whether to set up an overseas branch or subsidiary and how profits are best repatriated to the UK. Our policy is to provide tax mitigation services that are balanced against the practical needs of business owners both now and into the future. We design tax strategies that provide you with financial protection, while ensuring your affairs are in compliance with the latest regulations. We believe this provides the assurance you need that you and your family will not be faced with unwelcome tax surprises. |
Audit & AssuranceMuch as we might sometimes prefer otherwise, these things have to be done. So the preparation of financial statements and accounts is the backbone of our business. Reporting requirements have become increasingly stringent, regulations change constantly. But our experience ensures you will always meet statuary and fiscal provisions and we tailor our work for you to make the process as straightforward as possible and ensure deadlines are hit, whilst maximising the usefulness of the information produced.
Along the way it is a process that can help identify problems (real or potential), areas of risk and importantly also – opportunities; all with an eye on improving future situations. Whatever your circumstances - be you sole trader, partnership, limited company (or in a specialist area such as charity or pensions scheme) - we work with you to handle all such matters in the best possible way, making a virtue of a necessity. |
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All rights reserved. |
Hunter House,150 Hutton Road, Shenfield, Essex, CM15 8NL
Tel: 01277 227070 Regulated by the Institute of Chartered Accountants in England & Wales (ICAEW)
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