Walking you through the minefield of tax safely

Tax planning is an extremely complex field and incorporates many forms of tax which affect every aspect of corporate and personal life. As your business and life progress, you want to adopt the most efficient tax structure and strategy, which is when expert advice and consultancy is required. Our goal is to assist you with minimising your tax exposure and relieving you of the burden of compliance. We can work with you to ensure you are taking full advantage of tax opportunities specific to your industry and claim all tax reliefs that are applicable to your business.

The most common forms of tax are income tax (payable by individuals, partnerships and sole traders on income), corporation tax (payable by companies on profit and gains), capital gains tax (tax due on gains made on investment assets such as property and shares), inheritance tax (tax paid by the estate on death or during lifetime on certain transfers of capital), VAT and stamp duty. Whether it be personal or corporate tax planning, KPBS can help.

Personal Tax Planning

  • Income tax
  • Capital Gains tax
  • Stamp duty land tax
  • Inheritance tax planning and passing on your wealth
  • Trusts and estate planning
  • Non-domiciliary tax issues
  • How best to handle benefits such as company cars and accommodation
  • Whether directors should be paid by salary or dividend
  • How to minimise CGT liability on disposal of assets
  • How to optimise your tax position when living or working abroad
  • Providing fee protection insurance against enquiries by HM Revenue & Customs
  • Self-assessment

Corporate Tax Planning

  • Completion and submission of corporation tax returns which are fully iXBRL compliant
  • Advising on the tax and deferred tax provisions required in the financial statements
  • Assistance with HM Revenue & Customs enquiries
  • Detailed capital allowance advice, essential in the changing legislative environment
  • Assistance with claiming research & development allowances
  • Advice on optimum profit extractions, both short and long term, including dividend policy
  • Advice on the tax effect of planned capital acquisitions and disposals in the company, including capital gains tax, availability of roll over relief, and the impact of the intangible regime
  • Advice on the tax effect of the disposal of the company
  • Advice on the stamp duty land tax arising on transactions