General Tax Planning
We offer problem solving advice on personal and business issues with emphasis on the tax aspects. Such planning can involve:
- passing on the family business to the next generation
- mergers and de-mergers
- Share buy backs
- Retirement and pensions
- liquidations
Revenue Audits
- Family and Shareholder disputes, including marital separation & divorce
We consider the tax implications of our clients existing business structures and offer recommendations as to tax efficient structures that can be adopted, including:
- Sole trader: if a business is small, then costs can be kept minimal with this structure. However the tax benefits and costs should be considered, including the chosen accounting date.
- Partnerships: we advise on the setting up of partnerships and cessation, including the addition or loss of a partner to the Partnership.
- Joint ventures are often used in property development transactions
- Limited Company: when to incorporate and the available tax benefits and reliefs
- Group of Companies: when a second or more company is justified. We consider the tax implications of adopting a more complex group structure for your business