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Services - Corporation Tax

Corporation Tax

Corporation tax is a significant cost for your business; efficient tax planning has a direct effect on your bottom line. It therefore makes sense to use our professional knowledge to minimise your corporate tax liability and relieve you of the administrative burden of tax compliance.

Taxation Compliance

We can take the administrative burden out of paying your corporate tax by ensuring that you comply with all your statutory taxation obligations: that your Corporate Tax Self Assessment forms are completed accurately and are properly filed, and that all the available reliefs and allowances have been claimed.

Where you have to pay tax in anticipation of profits, we can work with you to determine realistic profit projections. Where you need to pay tax by instalments, we can ensure that the deadlines are met. In short, we can relieve you of the burden of compliance administration so you can focus on your business.

Corporate Tax Planning

No business wants to pay more tax than it absolutely has to. In addition to optimising your corporation tax and capital gains tax liabilities, there are many schemes and reliefs available to businesses that can be used successfully to minimise your tax liability. It's our job to ensure that your business takes full advantage of these tax reducing measures where appropriate to the commercial operation of your business.

We provide a range of tax planning services including:

  • Taking advantage of tax opportunities and reliefs
  • Determining the most tax effective structure for your business
  • Reducing tax on disposals and maximising reliefs on acquisitions
  • Taking advantage of any industry specific tax opportunities
  • Determining where an asset should be held to minimise capital gain

There is no one size fits all for company tax planning. That's why it's important to us to get to know your business and be valued as a trusted advisor. Different tax strategies may be required depending on where your turnover sits on the Corporation Tax schedule. For larger companies it may be better to defer income to make full use of all available allowances and deductions. Smaller companies, particularly those with a turnover of less than £50,000 per annum have had to contend with unprecedented "to-ing and fro-ing" of the nil rate starting tax band and the treatment of dividend payments - and it hasn't finished yet. All the more reason for smaller companies to discuss the timing of dividend payments with us to ensure they minimise their corporation tax liability.

Any tax saving strategy needs to be considered in light of the other commercial requirements of the business. For example any investments must be good investments - not just tax-efficient - and must leave enough working capital for the ongoing business operation. That's why we aim to be the first choice for your business advice - the more we know about your business, the more we can help you meet your business aims.

For more information please phone 020 7628 0857 or Contact Us

 

 

 

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