We put our clients at the centre of what we do. We offer bespoke advice in all areas of tax to individuals and businesses alike. We enable our clients to make informed decisions based on their current and future circumstances.
Our aim is to provide pro-active advice to all our clients. We believe in creating long term, personal relationships with clients. Delivering the right solutions, managing risk and providing sustainability.
We have a dynamic team of experienced and knowledgeable tax specialists. They work with clients to build confidence and trust in the processes and solutions we put in place.
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.
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.
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:
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:
Tax investigations can be extremely complex and stressful. Our team are there for you to support you through the process and work with you to find a resolution.
We asses each case on its own merits, as no two are the same, so that we can offer a bespoke service to every client. We will look to work with you to understand your needs, position and establish the facts, before we engage with HMRC.
Our team has over 30 years of experience and can provide you the specialist advice you need.
Our Services include:
Hentons offers all of its clients the opportunity to take out its Tax Investigation Insurance service. A partnership with market-leading provider, Markel Tax, means that we can offer the best possible service to our clients.
HMRC’s current strategy to close the tax gap is to challenge self-assessed tax through a rigorous and ever growing tax investigation regime. In 2021/22 HMRC invested £100m in a Taxpayer Protection Taskforce with around 1,200 staff to combat error and fraud in the government-backed support schemes. This Taskforce generated £226m from 27,897 enquiries with a further 63,000 people contacted via letter campaigns in 2021/22 alone.
Even if you have done nothing wrong, you may still be selected for a detailed review of your tax affairs, which may result in an unnecessarily high tax bill if you are not protected.
The cost of defending yourself professionally is potentially huge, with many enquiries taking up to 24 months to complete and defence costs rising. Even when the outcome of the enquiry results in no adjustments to your tax position, the cost of the defence can escalate, and it is not uncommon to see fees in excess of £10,000.
For this reason, we work with insurers Markel to ensure that, should you be selected for enquiry, you can have the peace of mind that the cost of protecting you has been covered. Whether it’s a cross-tax enquiry, a technical challenge or a detailed books and records review, our tax investigations package is designed to get you the best possible result and we strongly recommend that you subscribe.
Full details can be found on our Tax Investigation Insurance Portal:
We have an experienced Private Client team that are committed to helping our clients realise their goals and remain tax efficient.
Our focus on building long term relationships with our clients, ensures that we can fully understand your current position and your future aspirations.
We provide our full service to our clients from submitting personal tax returns through to long term tax planning opportunities. Our team prides itself on giving the best possible advice, so that our clients can have full confidence in trust in the solutions we deliver.
Our services include:
Our expert team with local knowledge and a national connections, are here to help you. We support individuals and businesses of all sizes and sectors to ensure they remain compliant.
We say up to date with all the latest tax Legislation and engage with the best new technology so that we are in the best possible position to advise you and to ensure you meet all your obligations.
Our services include: