Tax Planning

Accountants Glasgow provides both individuals and businesses with expert tax planning services, covering everything from business start-up, acquisition, inheritance, capital gains and so much more.

The taxation system in the UK is complex and as a result, it can be difficult to assess the best way to achieve your personal and business objectives. That is where the team at Accountants Glasgow comes into play.

As accounting professionals, we have a duty to make sure that you are compliant with all tax laws and present your information to the government accurately, protecting you from any potential penalties that can arise from non-compliance.

Why is it so important?

Tax planning effectively requires experience and expertise developed over many years, making sure to operate in the correct way in very demanding, specific situations. All of our tax experts have this experience and expertise, allowing us to provide transparent and intuitive support to our customers.

Our experts will:

  • Explore potential opportunities to mitigate tax, within the boundaries of the law.
  • Explore potential anomalies in the tax code that may lead to advantages for you and your business.
  • Explore decisions and plans that may allow you to benefit from certain tax relief opportunities.

When is tax planning needed?

At almost every stage of a business’s lifecycle, there are times when tax planning can maximise commercial objectives.

It is these moments that Accountants Glasgow is able to help you plan for. Some examples include:

  • Start-up: We can help make sure you select the most suitable type of business entity and ownership structure. Furthermore, providing advice on any potential investment relief.
  • Growth: Our experts can help you plan for growth and development, through planning for capital expenditure allowances, R&D credits and general compliance.
  • Sales and Acquisitions: If you’re considering buying or selling a business then there are significant tax implications to be aware of and plan for.

Further to the specific business-focused situations, there are moments in a customer’s professional and personal life that require competent tax planning. These include income tax, capital gains tax, inheritance tax, stamp duty and more.

Find out more

We have listed just a selection of the most important and relevant situations when tax planning is a vital service. It is our belief that we can help every individual and business navigate the complexities of the UK tax system and maximise their assets.

Get in touch and speak to the experts at Accountants Glasgow about your individual requirements today.