Home: Services: Taxation

Although UK corporation tax rates remain comparatively low, the onerous reporting obligations, coupled with increasing numbers of enquiries from HM Revenue and Customs, make it essential that proper professional advice is taken.
Howard Worth offers a complete range of corporate and personal taxation services.

We can offer specialist advice on the tax implications of:

• Family and owner-managed businesses in all their forms
• Business reorganisation and structuring
• Transactions between businesses, such as the sale or purchase
of divisions or companies, and between shareholders, including the
necessary fiscal valuations
• Raising business finance
• Tax enquiries and tax planning for groups of companies
• Specialist areas such as capital allowances, Enterprise Management
Incentive Schemes (EMI), Enterprise Investment Schemes (EIS),
intellectual property and research & development, as well as all
aspects of VAT

Tax Consultancy & Compliance needs specialists who can look for and advise you of the best tax plan and schemes to suit your individual needs. Good planning doesn't just happen; it requires a thorough knowledge of the business and attention to detail.

TRUSTS
This method of tax planning has been in existence for centuries, and despite the dramatic changes introduced by the 2006 budget, trusts still play an important part in tax planning.

INHERITANCE TAX
With careful, early planning, this is a voluntary tax that can be avoided. The boom in the property market has brought lots of us into the scope of IHT; our specialist team use their up-to-date knowledge and experience to mitigate this tax for you.

TAX PLANNING
Any transaction you enter into has potential tax implications, so it’s essential that professional advice is sought from the outset. This is where Howard Worth can help you. In both personal and corporate matters, the tax costs of a well planned transaction can be significantly reduced. Our team of dedicated professionals handle such matters on a daily basis and are here to give you personalised tax advice.

WILL PLANNING
By offering advice on how Wills should be structured to minimise IHT liabilities, we can ensure that any available relief, such as agricultural or business property relief, is maximised for your benefit. A tax efficient Will can potentially save over £100,000 of IHT.

CAPITAL GAINS TAX
The complex area of taper relief was introduced in April 1998 and has undergone many changes since its inception. The early planning and structure of a capital transaction can significantly reduce your tax liability; we can show you how.