Tax Planning for the UK

The thought of saving tax or not paying tax at all is (to put it mildly) an appealing one for most businesses and their owners.

Tax mitigation and tax sheltering requires special expertise. Most accountancy firms simply do not have the capability to shelter serious amounts of profit from tax for their high net worth clients.

But Antony J. Holdsworth & Co can make the thought of not paying tax become a reality.

If any of the following scenarios sounds like yours, then there is a good chance our tax planning solutions for the UK can provide the tax sheltering and tax mitigation you and your business need:

1. You have a limited company with profits of £100,000 +

You will be facing a large corporation tax bill at the end of the year. And you will probably be expecting a large personal tax liability as well when you distribute the profits from your company.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you and your business need.

2. You have personal income (any source) of £150,000 +

You will either facing a large personal tax bill at the end of the year or you will have had large amounts of tax already deducted at source.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you need.

3. Your business is about to purchase commercial property of £500,000 +

Your business will be faced with a Stamp Duty Land Tax bill of 4% thereby reducing the maximum purchase value you can afford or consuming valuable working capital.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you and your business need.

4. You are about to purchase residential property of £500,000 +

You will be faced with a Stamp Duty Land Tax bill of 4% thereby reducing the maximum purchase value you can afford and/or increasing the mortgage you will need.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you need.

5. You’re a company director with an overdrawn director’s account of £100,000 +

This can create all sorts of problems including a 25% corporation tax charge (repayable once loan repaid), Class 1a national insurance payable and a personal tax liability.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you need to resolve this.

6. You want to use an asset to pay a bonus to key employees £250,000 +

You want an asset of the company to be voted to key employees as a bonus but you are worried about corporation tax and the tax charge on the employee.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you and your business need.

7. You are a contractor and you earn £50,000 +

Your timesheets exceed £50,000 per annum and your personal service company is only returning 68% or 70%. You are worried about IR35 and the MSC rules.

Our tax planning solutions for the UK can definitely provide the tax sheltering and tax mitigation you and your business need.

8. Your business has bought a commercial building of £400k + in the last 6 years

The seller may have unclaimed capital allowances that you can claim that will you’re your business an immediate tax refund.