Tax

From H J Heinz to Walt Disney, even the most high profile or best run businesses can face financial difficulties from time to time.

But what is also certain is that your business tax affairs are likely to be more complicated than other taxpayers, with income from a variety of sources and complex business arrangements involved. From our work with many high net worth individuals across a wide spectrum of wealth we know how to look after your personal tax interests in relation to any business you may create, or wish to sell.

Our team consists of highly professional and experienced tax lawyers and qualified Chartered Tax Advisers, which means that we have the technical expertise, ability and experience to protect you and your business. Whether you want to set up a new business, buy or sell a business, invest in the UK, or diversify your assets, we can guide you through many of the UK tax issues that may arise.

There are several different ways to set up a business in the UK and we can help you decide on what it best for you. Your long-term aims will affect the best way to structure your business and we will help you to understand your options. There are valuable tax reliefs such as business property relief (for inheritance tax) and entrepreneurs’ relief (for capital gains tax) and we can help you make the most of these opportunities.

You may also have to consider the interests of others, such as business partners or if you want to incentivise key employees. There are tax efficient ways in which you can reward your employees, especially if you are prepared to let them share in the business. We can advise you on possible arrangements to allow you to grow your business and reap the rewards of your labours in the most tax efficient way.

If you are buying a business we can help you avoid any unpleasant surprises and to take advantage of tax reliefs, exemptions and share-based incentives to suit your circumstances and the future needs of the business.

If you want to invest in, or develop, UK real estate, we can advise you on the best structure for doing so.

When it comes to selling your business, we can help you finalise your business tax affairs and guide you through your choices to minimise the tax implications, including Capital Gains Tax on the business assets.

In global business, we also have considerable experience in advising on international tax matters and cross-border transactions.

In all these areas, we always seek to help you navigate the complexities by giving advice in a clear, straightforward and cost effective way, to ensure you have the support you need to manage your business tax issues efficiently.

Business tax affairs for the very wealthy can be complex.

Our team has helped business owners, company directors, entrepreneurs, highly successful media and sports professionals from all over the world understand their UK tax position and manage their business in the most tax efficient way.

Our recent work has included:
  • Advising a US owner on the establishment of a UK business to expand his European operations
  • Acting for non-UK domiciled clients on the tax implications of establishing and operating businesses in the UK, purchasing and holding assets in the UK
  • Acting for non-UK domiciled clients on the tax implications of establishing and operating businesses in the UK, purchasing and holding assets in the UK
  • Establishing tax efficient share incentive schemes for UK companies to reward employees who contribute to the value of the business
  • Advice on VAT and Stamp Duty Land Tax issues on the acquisition and funding of an £18m office block situated within London’s M25 with Permitted Development rights to convert to over 125 residential units, leading to a tax saving in excess of £500k.