Corporation tax applies to companies, whilst sole traders and partnerships pay income tax.
We can help you with:
On an international level, we have experience of working along side advisers in other jurisdictions and can assist with:
We can help businesses to look after that most vital of resources, their staff, with advice on:
All goods imported into the EU will be subject to Customs procedures, and import duty and VAT may be payable before the goods are allowed into free circulation.
Without proper preparation this can mean your goods are literally stuck on the dockside.
We can also help you with Customs Duty reliefs such as inward processing relief, temporary importation relief, etc and advise on other potential duty mitigation planning. We can help with duty deferment and other warehousing procedures to ease the cash flow burden of your duty liabilities.
Most people are aware of Income Tax, Corporate Tax, and VAT, and will come into contact with the other main indirect tax: Stamp Duty Land Tax.
There are an increasing number of other “indirect taxes”, often with environmental objectives, which a few businesses are subject to.
We can advise on Stamp Duty Land Tax, for both individuals and corporations, and identify tax mitigation opportunities where appropriate.
We also have indirect tax practitioners who have the knowledge and expertise to advise upon the lesser known areas of taxation, including:
We can help you by:
In the unfortunate event of a tax investigation being conducted with a view to prosecution, we can work closely either with your own lawyers or the solicitors in our associate law firm to ensure that you are properly represented.
If you are coming to the UK, whether on secondment from your employer, or to set up a business, or simply to establish a home, we can advise on and help with:
If you are leaving the UK, we can advise on and help with:
We also specialise in advising non-domiciled individuals who are UK residents and on offshore arrangements generally.
Working closely with our independent financial advisers ensures that your tax affairs and any tax planning measures are tailored to your financial position. Any individual, be they a company director, self-employed, or retired, will invariably have personal tax circumstances.
We can help with such things as:
Although Finance Act 2008 introduced some wide ranging changes to the taxation of UK tax residents with an overseas domicile there are still tax planning advantages to be enjoyed particularly for those who have been resident here for 7 years or less.
Examples of some of these advantages are:
If you are considering a move to the UK it is often critical that some tax planning measures are put in place prior to your move here
VAT is one of the most complicated and potentially costly areas of taxation in the UK and Europe. It is an area where sensible forward planning can make all the difference, particularly for businesses involved in cross border transaction or making one off transactions which are outside the normal course of their business.
We can help with: