Tax advice that gives you the edge

Specialist tax consultancy for businesses is at the very heart of our practice.

Our team of experienced and enthusiastic individuals includes Chartered Accountants, Chartered Tax Advisers and former senior Inland Revenue and Customs officials. Their reputation has been built on providing clients with innovative, practical solutions that deliver results.

Managing your tax costs

With every passing year tax legislation grows more complex and addressing the taxable aspects of business transactions becomes more critical as a result. Our role is to advise you on how those transactions can be carried out in the most tax-efficient way.

We’ll be with you every step of the way.

Here are just a few examples of how we can help:

Business building

Incorporation of businesses

Many businesses start life as sole traders or partnerships. Rapid growth or the desire to minimise personal exposure to risk may necessitate incorporation which, when structured correctly, can bring about significant tax savings.

Remuneration planning & employee incentives

Extracting company profits through a combination of effective remuneration and dividend planning can reduce your tax burden. As the most successful companies recognise, well-structured share schemes provide real incentives and significant tax benefits to employees. We can advise on which schemes are best suited to your business.

VAT

VAT is a complex subject where considerable savings and repayments can be achieved in the right circumstances. Businesses for which VAT is not fully recoverable can face significant cost, making forward planning essential. Davies Mayers Barnett has its own bespoke VAT consultancy and this expertise can directly benefit your business.

Asset acquisition

Asset acquisitions

Forward planning is essential if business owners are to take advantage of the reliefs available on capital projects and therefore maximise investment returns. As legislation in this area is regularly changing, failure to plan ahead could result in expensive surprises.

Capital structures

Taking into account your objectives, we can ensure that business assets with the potential for spectacular growth are held in the most efficient taxation structure.

Realising the value

Share valuations

We can help you achieve substantial levels of tax savings through skilled negotiation of values for all levels of shareholding with HMRC’s Share Valuation Division.

Succession planning

Passing a business to the next generation requires detailed, long term planning if it is to be successful. If brought in at an early stage, we can help you consider any restructuring or refinancing packages as well as how to minimise the tax burden on transfer.

Selling the business on retirement

Where succession is not an option, we can work with you on the disposal of the business to protect family wealth and provide future security. If the transaction is structured properly, significant tax savings can result, but planning ahead is essential.

Tim Davies: tim.davies@davies-mayers.co.uk
Kate Plummer: kate.plummer@davies-mayers.co.uk
Cathrin Richards: cathrin.richards@davies-mayers.co.uk

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