What our clients have to say
Our close working relationships are at the heart of our service
After correspondence and meetings with HMRC, we settled matters with no tax liability arising.
Outcome
HMRC challenged a taxpayer’s categorisation of properties between investment and stock, seeking to reclassify a number which would give rise to substantial UK tax costs.
Acting as an advocate to HMRC
These two issues left the company potentially exposed to a £350,000 tax liability and risked the loss of their gross payment status. As a result of our work and research, the company is no longer under review by HMRC.
Outcome
A client with a turnover of £10 million needed support understanding their tax risks. We established that certain processes concerning the Construction Industry Scheme had not been followed correctly and that the tax status of a number of workers needed clarification as to whether they were genuinely self-employed.
Minimising tax and compliance risks
Working closely with the company, and their advisers including Warranty and Indemnity (W&I) insurance providers to establish a tax efficient structure.
Outcome
We supported a client on the purchase of an existing hotel and provided advice on the key implications of purchasing the asset directly and the shares.
Acquisition and Refinancing support