Tax planning through your business lifecycle & beyond
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 are first starting out on the road, whether it's a limited company, a partnership or a sole trader set-up, we will be there to help you structure your organisation for maximum tax relief.
And, if and when the time comes to sell your business, we will 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 advisers 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.
Through expert knowledge of tax reliefs available to investors such as those under the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) we can help get your business off to the best possible start.
We can also ensure that your company structure optimises the availability of Business Asset Disposal Relief and Investors Relief (both on a future sale) from day one.
If you are involved with an MBO situation (Management Buyout), we will 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 a business, you are always looking for ways to retain key staff and attract new talent.
We can 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? Then you need to start tax planning at least two years before a proposed exit.
We will help you review
As part of the sales process we will review the Heads of Terms to ensure they are organised tax efficiently, including how the consideration is structured.
Once a deal has been agreed, we will:
When the sale of your business is complete, we will still be at your service, assisting with Tax Return disclosures to ensure consistent reporting of the sale across all shareholders. This also includes dealing with any HMRC queries on 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.
Need help setting and achieving your goals? The KPIs listed in this guide will help provide the insight you need to keep your business growing. We can help you set your targets, track your data and report back through the provision of management accounts - a monthly or quarterly set of statements that put you firmly in control of your finances.