Tax Consultancy
The direct, simple & logical partner to drive your business forward.
Every transaction has tax implications, whether it’s an acquisition, disposal, refinancing or restructuring. Our comprehensive understanding of the tax implications enables us to advise you on increasing opportunities, lowering risks, and ensuring there are no nasty surprises.
Offering tax consultancy services for businesses in the UK involves providing expert advice and support on various aspects of taxation. Here’s a detailed overview of the services typically included:
1. Tax Planning and Strategy
- Tax Efficiency: Advising on ways to structure the business to minimize tax liabilities legally.
- Corporate Tax Planning: Creating strategies for corporation tax optimization.
- International Tax Planning: Guidance on cross-border transactions and international tax treaties.
2. Compliance and Reporting
- Tax Return Preparation: Preparing and filing corporate tax returns (CT600) and other necessary documents.
- VAT Returns: Assistance with VAT registration, preparation, and submission.
- HMRC Correspondence: Managing communication with HMRC, including responses to inquiries and compliance checks.
3. VAT Services
- VAT Registration: Helping businesses determine if they need to register for VAT and completing the registration process.
- VAT Compliance: Ensuring proper VAT accounting and record-keeping.
- VAT Advice: Providing advice on VAT treatment of various transactions and sectors.
4. Audit Support
- Tax Audit Preparation: Assisting in preparing for tax audits, including document preparation and audit strategies.
- Representation: Representing the business in dealings with HMRC during audits.
5. Advisory Services
- Corporate Restructuring: Advising on tax implications of mergers, acquisitions, and restructurings.
- Capital Allowances: Identifying and claiming eligible capital allowances to reduce taxable profits.
- R&D Tax Credits: Assisting in identifying and claiming Research & Development tax credits.
6. Payroll Services
- Payroll Management: Handling PAYE (Pay As You Earn) tax and National Insurance contributions.
- Compliance: Ensuring compliance with employment tax regulations.
7. Transfer Pricing
- Transfer Pricing Documentation: Preparing necessary documentation to comply with transfer pricing regulations.
- Intercompany Transactions: Advising on the appropriate pricing of goods, services, and intellectual property transferred between related parties.
8. Inheritance and Succession Planning
- Business Succession: Planning for tax-efficient transfer of business ownership.
- Estate Planning: Advising on inheritance tax and strategies to mitigate liabilities.
9. Industry-Specific Advice
- Sector Expertise: Providing tailored tax advice for specific industries such as real estate, technology, healthcare, and more.
10. Training and Updates
- Tax Training: Conducting training sessions for in-house finance teams on tax-related matters.
- Regulatory Updates: Keeping the business informed about changes in tax laws and regulations.
Why Choose Fortivus Strategy Consulting as your Tax Consultant
When selecting a tax consultancy service, consider the following:
- Qualifications: We work with Qualified Accountants, and if required for your case we can ask them to complete work for you.
- Experience: Look for consultants with experience in your industry and with businesses of similar size and complexity.
- Technology: We use up-to-date software and technology for tax compliance and planning.
- Communication: We ensure that our Communication with you is clear, proactive with regular updates.