Tax advice can take many forms, but we make particular efforts to provide excellent advice to allow our clients to improve either their personal or corporate tax position, or to manage and mitigate the tax risk that is inherent in their business or personal affairs.
Every assignment is likely to have an element of uniqueness and as such, our advice is always bespoke, but below we set our some of the typical types of work we do for our clients.
Corporate Restructuring
For a variety of reasons, a company or group of companies may want or need to alter the legal structure of the overall business operation.
There will usually be a variety of ways in which the outcome can be achieved legally, but only careful planning will ensure that any tax reliefs potentially available can be claimed. Getting it wrong can be unexpected and expensive.
Our Services:
- Strategic advice on tax-efficient and appropriate corporate structures;
- Advice and assistance in executing transactions with minimal or no taxation
- Advice on the transfer of assets and businesses between group companies
- Advice of structuring with a view to the sale of a business or part of a business.
- Advice on the extraction of businesses or assets from existing corporate structures
- Handling all HMRC correspondence and supervising the reporting process for tax and accounting purposes.
R&D Tax Relief
Research and Development Tax Relief can provide valuable support to businesses and is one of the significant government initiatives to reward businesses innovating in the UK. The relief identified can be used in a variety of ways and can result in a cash payment to the company, even if there has never been any tax paid. Many companies do not even realise they qualify.
R&D Tax Credits are incredibly generous, but many SMEs have yet to make a claim. We would be happy to have a no obligation discussion with you about how positive a claim could be for your company and whether you are likely to qualify.
Our R&D Services include:
- Assistance in filing an R&D claim
- Manage the claim submission process on your behalf
- Draft applications, project descriptions and financial data summaries to support claims
- Follow-up with HMRC to ensure benefits materialise
- Reviewing historic R&D tax claims where expenses may have been underestimated
- We can also undertake dispute resolution work with HMRC where a claim has been denied.
Mergers & Acquisitions
If you are thinking about buying, investing in or selling a business, you will need to consider the effects of taxation obligations. Our team can advise you on your tax position or the tax position of your target, so that you can complete any transactions as efficiently as possible.
Our tax advice covers:
- Transaction structure
- Tax risk assessment and management
- Deal support on all tax matters
- Tax-efficient deal finance
- Tax-efficient return of funds to investors after a disposal
- Post-acquisition structuring
