Looking after your personal tax...

While many of the tax issues facing individuals and families are similar in their nature, no two people’s situations are ever the same and the more sophisticated and successful your financial affairs are the greater return you will get on good tax advice. Without specialist advice you run the risk of paying too much or too little tax, the latter scenario perhaps the more onerous as you could face a large and unexpected tax demand. Timely advice from a good tax specialist will save you time and money, and avoid problems.

Of course we can we help you to complete your self assessment tax return in the most tax efficient way possible; however the real value we deliver in our services is through planning in order to manage your tax liabilities.

We provide tax advice and solutions for the following:

• Income tax planning
• Profit extraction and remuneration planning
• Property transactions
• Capital gains tax planning
• Tax implications of separation and divorce
• Individuals departing from or arriving in the UK
• Trusts taxation

You may require independent specialist tax advice on just one or more key issues. Alternatively you may want to discuss how we could provide a complete annual tax advisory and compliance service.

...and your business tax

Financial decisions within a business are increasingly affected by tax considerations, and the tax regime in the UK gets more complex every year. This places a huge burden on businesses and means that obtaining specialist tax advice becomes a vital factor in ensuring a business success.

At UK Tax Practice, we believe in building open and honest relationships with our clients; in this way we can offer the very best advice based on our full and thorough understanding of the real situation within a business. Not until we reach this level of understanding will we be able to offer the advice that helps our clients to minimise their tax burden.

In addition to helping with a company’s annual tax returns such as Corporation tax return, P11Ds and form P35, we also offer independent specialist corporate tax consultancy advice; you may require this advice on one or more key issues or alternatively you may want to discuss how we could provide a complete tax advisory and compliance service for your company or group.

We help businesses varying in size from start-ups to those with a turnover of several million pounds operating in a similarly wide spectrum of activity, including industry, commerce, finance, the professions and not-for-profit organisations.

Business tax advice and solutions are provided for:

• Corporate tax planning
• Business sales and acquisitions
• Tax efficient corporate structures
• Valuations for fiscal purposes
• Employee incentives such as share option schemes and tax efficient remuneration.

Tax Investigation Services

Enquiry by the tax authorities can happen regardless of circumstances or compliance history. Our investigation service has two main objectives:

1. Ensuring that our clients get it right from the start, a "prevention rather than cure" approach
2. Ensuring that any HMRC enquiry is conducted and concluded in a proper and expedient manner.

The consequences of mishandling an investigation can be serious, both in terms of heavy penalties, which can sometimes be greater than the direct payments to HMRC, and in terms of the disruption that can be caused within a business.

Whether you are an individual taxpayer, a company or a professional adviser, UK Tax Practice investigation specialists can;

• Evaluate the strengths and weaknesses of the case
• Advise on the appropriate course of action to be taken
• Prepare for any likely further action to be taken by HMRC
• Devise the best strategy for the client to minimise the cost and disruption of the investigation
• Defend the client throughout the proceedings
• Help the client to negotiate the best possible final settlement

If you or your company are under investigation you should call UK Tax Practice immediately. Whatever type of investigation you are under, if it affects your tax affairs we have the experience and expertise to help.

Support for accountants and professionals

UK Tax Practice is a firm of independent tax advisers. As such we are able to add value to the services offered by other professional advisers by operating within in the very specialist area of taxation. We do not undertake any audit or general accountancy work; indeed we work with many accountants to resolve particular tax problems for their clients.

UK taxation is increasingly complex and professional advisers appreciate the way we are able to bring clarity to complicated affairs, the straight forward way we resolve taxation issues and the ethical manner in which we conduct our business. When complex and unusual private client or corporate tax issues arise, the work is often referred to us by other professionals who understand the requirement for experience in this sector and up-to-date and detailed knowledge of current legislation and best practice.

Property issues – specialist tax advice

Individuals and businesses occupy, own, buy, sell, let, develop and invest in property. Often the largest transactions made are related to property, yet many are undertaken without advice on the many varied and complex tax matters arising.

UK Tax Practice offers property tax consultancy services including:

• Taxation on property investment and development
• Buy to let
• Tax efficient re-financing

Contact us to arrange an initial meeting with yourself and your key advisers. Our service is built on the trust and communication that stems from building strong personal and professional relationships and our advice stems from the expertise that only years of experience coupled with a keen awareness of current tax legislation can bring.