Business Advice

This can be anything and everything that is appropriate to your unique business and situation and should always be tailored accordingly. Below are some examples of what this may entail.

Company Directors and Employees

Proactive and good advice for remuneration planning is key and should be matched to lifestyle and business requirements. The advice offered covers such areas as:

Choice of salary or dividend (for directors who are also company shareholders)
Company car v car cash allowance
Employee share schemes
Tax efficient benefits packages
Pension planning
Termination payments

Incorporation

Advising on the tax consequences of transferring to a limited company
Planning to optimise your tax position
Liaison with legal advisers on the business transfer agreement
Helping to manage the process, covering such matters as VAT registration, PAYE schemes and other tax and company formation formalities
Planning for the situation after incorporation, for example remuneration strategies, dividend planning, growing the business, extracting useful management information and so on

Employee Share Schemes

Both employers and employees have an interest in share schemes. For the employer they are a key means of motivating and rewarding staff. The employee will be attracted by the chance to gain an equity stake in the business.

Pension Planning

Advice concerning pension planning, reviewing your current needs in conjunction with your future requirements and lifestyle requirements. Assessing your overall position and how best to meet future expectations. We can do this together with your personal advisor (or recommend one if needed).

Planning to Sell a Business

As with all tax planning, the earlier you start to prepare for the potential sale of a business, the better. We can guide you through the rules that you need to be aware of to optimise your tax position on sale, dealing with questions such as: