RBS Chartered Accountants - advice on tax mitigation
We all have to pay our taxes, but none of us wants to pay more than necessary. As experts in tax mitigation services, RBS Chartered Accountants will help you as a client organise your affairs in the most tax efficient way. Whether you are a sole trader, partnership or limited company, you are unlikely to have a situation we haven’t encountered before. We have decades of experience, with hundreds of clients of every size and in every industry, working on mitigating their exposure to Income Tax, Capital Gains Tax, Inheritance Tax and Corporation Tax. It gives us the unique ability to spot the challenges and opportunities in your business that you probably won’t. We will advise you on the best setup for your business - many of our clients have made the move from sole trader to limited company because of the tax mitigation advantages.
RBS Chartered Accountants - tax efficiency and tax mitigation
Perhaps you are a higher rate tax payer looking to mitigate your tax exposure? Maybe you’ve sold an asset, such as property or shares, or have been assessed for Capital Gains Tax (CGT)? You might be a company director with substantial profits liable to Corporation Tax, or an individual with assets of more than £325,000, so worried about Inheritance Tax? These are just a selection of the tax mitigation queries that our clients come to us with - and which we are happy and able to resolve. We also advise clients who have built substantial buy-to-let property portfolios on tax mitigation, and how to deal with the sometimes painful subject of Inheritance Tax and the family home.
RBS Chartered Accountants - dealing with HMRC questions on tax mitigation
Tax mitigation is one area where do-it-yourself is definitely not best. Britain has one of the world’s most complex tax codes, and each budget and new financial year brings changes. It’s vitally important to stay on top of your affairs, as otherwise it’s easy to fall foul of the taxman, running the risk of being penalised by HMRC for late or inaccurate filing of accounts. It’s crucial to remember that everybody’s tax affairs are unique. We will always approach a new client with an informal, no commitment chat about their business and tax situation. If you think we can work together (and we have satisfied testimonials from clients who go back many years) our people will get to work drawing up a more detailed plan of your affairs. Because although every one of our clients is unique, they all have one thing in common when they come to us - they are paying more tax than they need to.