Here at Inform Accounting, our tax services for business go far beyond the compulsory annual returns. We provide ongoing advice and support to business owners and directors throughout the lifecycle of your business - ensuring your tax obligations are fulfilled in the most efficient and cost-effective manner every step of the way.
So, when you’re first starting out on the road, we’ll be there to help you structure your organisation for maximum tax relief.
And, if and when the time comes to sell your business, we’ll still be right by your side - identifying and mitigating the tax implications of the sale.
As for all the time in between, our experienced tax advisors will play a pro-active role in your business to keep your liabilities as low as possible every year - minimising your tax bill to help you keep more money in your business.
Whether it’s a limited company, a partnership or a sole trader set-up, we’ll help you find the most effective structure for your new venture.
Through expert knowledge of available reliefs such as the Enterprise Investment Scheme (EIS), Seed Enterprise Investment Scheme (SEIS) and Entrepreneurs Relief, we can help get your business off to the best possible start.
If you are involved with an MBO situation (Management Buyout), we’ll assist with the structure to ensure you are not hit with any unnecessary tax charges on acquisition (for instance under the employment related securities legislation).
As well as providing regular support to keep all your business tax issues in order, we can also conduct a more in-depth tax health check at any given time to provide a clear picture of your organisation’s affairs.
It all helps to ensure that in the case of any future sale, any “price chipping” in respect of tax is kept to a minimum.
We can also provide advice on the most tax-efficient ways to reward your employees for their work - explaining incentive arrangements available to you, and the implications of each.
We will help tailor your benefits programme to suit the corporate needs of your company and work with you to implement these.
Thinking of selling your business? At least 12 months prior to a proposed exit, we will help you review your corporate structure to identify all potential tax implications of the sale - including a review of the Entrepreneurs’ Relief position of the shareholders.
We’ll consider any pre-sale tax planning that should be undertaken to maximise reliefs and mitigate tax charges, as well as review the company’s tax affairs to highlight any issues that need resolving prior to the sale.
Once the process of selling your business begins, we will review all offers received and ensure the Heads of Terms are structured correctly to make sure that any transaction is organised tax efficiently without detracting from the commercial deal brokered.
This will include how the consideration- both initial and deferred - is structured, whether it is cash, loan notes or shares.
Once a deal has been agreed, we will undertake a review of SPA (sale and purchase agreement) from a tax perspective, prepare and submit all the necessary tax clearances to HMRC - and assist your tax compliance team/legal advisers with regard to any tax warranty disclosures needed.
When the sale of your business is complete, we’ll still be at your service, assisting with Tax Return disclosures to ensure consistent reporting of the sale
Once the proceeds hit your account, this might be the right time to look into our personal tax planning services too - with inheritance tax advice and retirement planning among the services on offer.
Whatever stage your business is at, trust Inform’s experienced advisors to help you maximise your tax savings. Give us a call on 0121 667 3882 or email firstname.lastname@example.org to discuss your situation with us.
However well run your business, however organised your accounts - nobody is immune from the possibility of an HMRC tax investigation.
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