Taxation Planning

Business – Structure
Deciding whether you should be trading as a Ltd Company or a Partnership is to a great extent a financial decision.

From a taxation point of view this decision can result in significant savings. We can readily and quickly identify your best course of action.

Remuneration
The method you use to remunerate yourself can make significant differences to your overall taxation liability. We can advise on the best computation of the methods to achieve the most economical result.

Personal
Inheritance tax has always been a potential liability clients tend to ignore. We will encourage you to consider this aspect of your taxation liability and link this area of advice to also ensure that you have a will in place to address the question of inheritance tax. The use of trusts to mitigate those liabilities is also an area we can advise on.

The combination of a successful business and value of the family home brings many owner managers into the inheritance tax bracket.

Taxation Mitigation
We also have access to various specialised tax saving schemes. The environment for taxation saving schemes is currently very difficult. However we feel it our duty to have access to any specialised tax saving scheme which are available at any specific time or for any specific purpose. We have a relationship with specific taxation consultants who can provide this service.