Tax is complex. You may or may not know it, but the UK tax code is the longest in the world. Hidden amongst the ever-growing, around the 12,000-page sea of legislation, there are hundreds of advisory needs, saving opportunities, and available reliefs – all created to encourage you and your business.
Every business owner needs a team of professionals in the background who provide continuous support and advice. That is what we are here to do. We see it as our responsibility to make the most of a complicated situation for our clients.
We are able to provide you with expert tax advice whilst managing your personal tax and corporate tax affairs. We believe that your long-term goals and needs are just as important as any current tax issue.
We use our expertise to focus on structuring your current affairs to ensure you are tax efficient today, and in the future. We do this based on our years of providing tax advice and collaborating with technology.
There are five key stages a business will go through in its lifecycle from launch to exit.
At each stage there are different tax advice options to consider, to make sure a business is paying the most efficient amount of tax.
Ensuring the right split between Salaries and Dividends. The standard level for tax consultancy is salary and dividends planning, calculating the perfect split, to make sure business owners get paid in the right way.
Exploring the different ways to tax efficiently put things through the business or take value out of the business to benefit the business owner.
As the business grows, the director shareholders can look to maximise their takings, invest in the business and want to mitigate chargeable profits to corporation tax in the right way.
The business may now be disposing of assets and reinvesting to expand.
Likewise, the structure of the business may need to be considered to better facilitate expansion whether in the UK or overseas.
Circa 3 years + in advance of any of the aforementioned, undertaking a review to think ahead.
This is the full 360 review!