Corporate tax planning

Make sure that you are taking advantage of all possible reliefs and capital allowances when calculating your corporation tax bill.

Corporation tax represents a substantial part of your trading costs. What's more, the increased reporting obligations, robust investigation policies on the part of the tax authorities, and harsher penalties for non-compliance mean that you could be spending more and more of your time working for the HMRC.

We offer a range of services to help you minimise your corporation tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:

  • Determining the most tax effective structure for your business
  • Taking full advantage of tax opportunities and reliefs
  • Achieving the optimum capital or revenue tax treatment
  • Reducing tax on disposals and maximising relief on acquisitions
  • Making the most of tax opportunities specific to your industry
  • Meeting the rigorous demands of compliance including corporation tax self assessment
  • Acting on your behalf in discussions with the tax authorities

Contact us to talk to our tax experts about how to minimise your corporation tax bill, and how to plan the structuring of your business to achieve the greatest tax efficiency.

Director and Employee Benefit and Pay Strategies

The pay structures you put in place for both your directors and your employees will determine the level of tax payment and national insurance contributions both they and the company will need to make. Talk to our payroll and tax planning experts about how to devise strategies that work to everyone’s advantage.

Some of the issues we could discuss include:

  • Whether directors would benefit from higher dividend or salary payments
  • Staff benefit schemes and the tax preference treatment given to them.
  • The implications of the use of company vehicles
  • The advantages and disadvantages of enabling home working

Contact us to carry out a review of your staff and director remuneration packages.