Business Tax planning and compliance

Tax represents a substantial part of a company’s trading costs.

Moreover, the increased reporting obligations, robust investigation policies on the part of the tax authorities and harsher penalties for non-compliance mean that an undue amount of your time and resources can be taken up collecting revenue for the Government.

Efficient tax planning can result in potentially significant improvements in your bottom line.

Clay Shaw Butler will assist you in minimising your exposure to tax on business profits.

We can help you:

• structure the organisation in a tax efficient way;
• maximise the availability of plant and machinery capital allowances;
• take full advantage of available tax reliefs;
• reduce tax on disposals and maximise relief on acquisitions;
• make the most of tax planning opportunities specific to your business or industry;
• consider pension contributions and schemes;
• meet the rigorous and increasing demands of compliance;
• with discussions with the tax authorities including HM Revenue and  Customs investigations by acting on your behalf.

Capital Allowances on buildings

Where property is purchased or developed for commercial reasons, in many cases capital allowances are often under claimed. Maximising capital allowances on integral plant and machinery in buildings is an effective way of reducing the tax liability and obtaining tax refunds in the case of historic expenditure.

We have experience within this area and can help advise as to how to submit such a claim.