Tax Planning for Business

Looking after Owner Managed Businesses by keeping tax liabilities to a minimum.

HM Revenue & CustomsNo two businesses are the same, and to survive, businesses have to constantly evolve. By considering tax planning, Carpenter Box can make sure we balance the needs of the business owner against the needs of their business' at every stage of the tax cycle.

We offer our clients a tax planning service that achieves the best balance between the business, the owner manager and his or her family. We will advise over tax-efficient distribution of profits whether by salaries, dividends, pension planning, company loans, share options or Employee Benefit Trusts. We can also help you with advice about the things to consider when passing down to the next generation, such as inheritance tax planning and share incentive schemes for key staff, and exit planning in general.

As the business evolves other tax considerations may become relevant:

Incorporation of a limited company or setting up a partnership/LLP:

Capital gains tax & Incorporation relief - Retention of ownership of business premises - Continuation of business reliefs - Terminal loss reliefs

Business Growth, either organically or by merger or acquisition:

Continuation of business reliefs - Reliefs on cost of borrowing and interest expenses

Sale or part sale of the business:

Share valuations - Capital gains tax planning - Tax issues for groups of companies

Share valuations on retirement or death:

Inheritance tax planning - Pension planning

Saving you and your business tax is one of our prime concerns. Make sure you take full advantage of the tax saving opportunities open to you - call Carpenter Box today for a business and personal tax planning review.

Contact: Alan Edwards or Kevin Blake

Registered to carry on audit work and regulated for a range of investment business activities by The Institute of Chartered Accountants in England & Wales