Contact: Rob Edwards |
Corporate Tax
Start-up businesses
Taxation planning and management may be complicated which is why we offer reliable advice from the early stages of a business right through the development stage. Specialist knowledge is key to keeping in touch with HM Revenue & Customs (“HMRC”) rules and practice changes and minimising tax liabilities.
Our tax services extend from initial structuring through full implementation for start-ups, to continuing pro-active advice and hands-on support for established companies. We also ensure compliance on corporate and partnership tax returns.
By helping our clients understand the range of opportunities available in running a business tax-efficiently, we ensure awareness of any risks involved so they can be managed and mitigated.
Tax structuring
We advise on the optimal structure for the business from a UK tax perspective, taking into account commercial and regulatory considerations in tandem with the personal considerations and intentions of its principals.
By recognising that lawyers take ultimate responsibility for structure and documentation, we would typically assist in instructing legal on precise structure requirements. We then work with our clients to help develop the overall framework before passing to the lawyer for the detailed documentation. And because we also review the legal output (ensuring fit for purpose), our clients benefit from an independent perspective and avoid duplication of cost.
Tax registrations
All proposed UK corporate entities must be registered with HMRC for Income, Corporation and Value Added Tax. Individual members of any LLP must register as self-employed for National Insurance purposes. We handle all these formalities and can act as the formal Agent with HMRC.
Click here to go to Corporate Tax for Established businesses