| We provide comprehensive tax planning services to individuals and businesses. Tax planning is usually just one of the services we provide to a typical client. It is because of our general approach to clients that we will have a detailed knowledge of your affairs and of your overall strategy allowing us to provide focussed and relevant planning advice. | |
| For individuals | |
| Since 1997 any individual tax payer has been required to file a Self Assessment Tax Return with the Inland Revenue. The preparation of a person's Tax Return and the calculation of their liability to tax is comparatively simple - at the end of the day it is nothing more than knowing what the rules are and how to apply them. | |
| What happens before a Tax Return is filed is far more important. Individuals rarely live in a vacuum. They typically have families, they may have a range of different investments and they may own their own businesses. They may have or wish to have an interest in a trust. Each of these circumstances needs to be understood before you take decisions that have a tax consequence. | |
| Our role as your tax advisers is to fully understand your circumstances and to give you proactive advice to assist in arranging your affairs in the most appropriate way for your circumstances. | |
| For businesses | |
| For businesses tax is a cost and like any cost it needs to be considered carefully before any liability arises. Typically, the way in which a business undertakes a particular transaction determines the tax liability arising from the transaction and sometimes this tax liability is not felt for some years. | |
| By having a detailed knowledge of your affairs we aim to be a part of your decision making team, providing a tax analysis for transactions you undertake and assisting you in structuring those transactions in the most appropriate way for your business. You may be acquring or disposing of a significant asset, or perhaps a business, you may be setting up an executive remuneration or share scheme for your key staff or perhaps a company pension scheme or an overseas subsidiary. In each case you need a detailed tax analysis of the consequences of these transactions before they are carried our so that they can be carried out in an efficient manner. | |
| Because of our international expertise we act for overseas companies setting up subsidiaries within the UK providing advice on capitalisation rules, transfer pricing and repatriation of profits. | |