Our specialist Corporate and Business Tax team have the experience, technical knowledge and skills to provide innovative tax planning advice to owner-managed businesses.
We guide business and corporate clients through the complex tax rules affecting their businesses. We provide proactive, innovative advice, identifying opportunities for tax savings, and improving returns to owners.
Our specialist corporate and business tax team handle the filing of all Corporation Tax Returns and all forms of Partnership Tax Returns.
Business Structuring and Transactions
Whether you are an independent business, incorporated or unincorporated, part of a group or a joint venture, the tax you and your business incur can be dramatically reduced by adopting the best legal structure. Your business structure should be planned throughout the life-cycle from acquisition through growth to exit; life-cycle tax planning ensures that your combined tax liabilities are minimised at each stage.
Haroon & Co. can offer significant experience and expertise in all types of business structures and in obtaining advance restructuring approval from HM Revenue & Customs. We will you advise on all tax and commercial aspects of restructuring via an integrated approach to service provision.
We work closely with our clients to ensure they extract profits from the business tax-efficiently, covering the full range of solutions through to complex and exclusively developed innovative planning ideas.
We believe clients should be advised proactively to understand the range of options available, including lesser-known strategies. We provide an integrated service alongside our Private Client Tax team to formulate a strategy that fits clients’ longer-term financial planning objectives.
You can expect a proactive approach to minimise tax leakage from technical experts with significant experience in the field and a fully integrated approach utilising the knowledge and skills of Private Client Tax and Wealth Management teams.
Research & Development (“R&D”)
The UK tax system affords generous tax relief for businesses incurring expenditure on activities qualifying as R&D. We work with clients to maximise their entitlement to these benefits by preparing, submitting and negotiating claims on the company’s behalf. We have significant experience in making R&D claims for our clients since the inception of the relief in 2002 and have a well-developed understanding of the approach taken by HM Revenue & Customs.
Meer & Co. provide an initial consultation to identify R&D expenditure, then share our expertise and experience in securing tax relief in an integrated approach.
Capital Gains Tax
Companies can make significant Capital Gains Tax savings with pre-transaction and specialist tax advice. Using advance structuring or planning the nature and timing of disposals, it is possible to reduce the capital gains tax payable from 28% to 10% or potentially defer or eliminate this, depending upon your circumstances. We can also help with post-transaction tax planning options.
Contact us for an integrated personal and business Capital Gains Tax planning service if you are contemplating making any disposal which could incur liability, including any of the following:
- Shares and Securities
- Offshore assets
Our team have advised on all types of asset disposals, from residential and commercial property to owners of businesses involved in significant corporate transactions. We guarantee innovative solutions and tax planning ideas tailored to your business arrangements.
Our client portfolio covers the entire property spectrum, so whether you are a commercial or residential property investor, developer, land dealer or simply a trading business which owns the property, we will have a range of tax opportunities to ensure you optimise your tax position. Our bespoke advice covers the full range of taxes that may impact your property ownership, including Income Tax, Corporation Tax, Capital Gains Tax, Capital Allowances, Inheritance Tax, VAT and Stamp Duty Land Tax.
With regard to property taxes, we offer clients:
- Advice on tax efficient ownership structures.
- Structuring for tax efficient disposal.
- An integrated tax planning service for individuals and businesses.
- Innovative Capital Gains Tax and Inheritance Tax Solutions.
- Optimising Capital Allowances claims on your existing portfolio or new acquisitions.
- An accountancy and bookkeeping solution for portfolios.
- Minimisation of VAT leakage.
- Stamp Duty Land Tax planning.
- Support and expertise in dealing with HMRC enquiries.
Share Schemes can be a powerful tool in attracting, retaining and incentivising key employee talent. In addition to the commercial rationale, Share Schemes can provide tax efficiencies. We advise clients on their options and implement the most appropriate schemes.
Profit from our expertise in advising on and implementing all share schemes, including Enterprise Management Incentives, Company Share Option Plans and Unapproved Share Options. We will take a reliably commercial and tax-effective approach.
We have the experience, knowledge and contacts to provide international and cross-border tax advice for companies looking to expand abroad or with international interests. We have advised inward and outward investors and multi-national groups. Our integrated approach links our business advice to individuals’ residences and domicile positions.