Direct Tax

Compliance is what you need, but getting to the core of what you really want is where tax gets exciting. Using your personal and business objectives as the foundation, we can create a tax strategy that maximises your hard earned cash. Who doesn’t want that?
Tax

Tax planning

Whether you’re looking to financially incentivise staff to improve productivity, restructure your business so you can sell with a more tax efficient outcome, or start an investment portfolio, a plan is a must. Even if minimising tax isn’t your main focus, it should play a significant part in your plan, as tax implications can affect many moving parts of your overall strategy.

Remuneration Planning

When running a business, it is critical that the extraction of your profits is structured effectively. Similarly, a tax efficient remuneration scheme which helps reward your staff is equally vital. Whether you are someone coming to the UK looking for work, or an employer looking at the most efficient way to retain your employees, HB&O can assist you with your remuneration planning to achieve your specific objectives.

Residential Property Tax

When considering buying or selling a property as an individual or as a property investor, our specialist tax advisors can spot ways for you to do so in the most tax efficient way possible. As the government continues to introduce new measures and make changes to existing ones, we’ll keep you up-to-date, leaving you feeling reassured that your tax affairs are being fully taken care of.

Capital Gains Tax

Our specialist tax advisors work with our clients to minimise their capital gains tax liability. Whether this be through putting a plan in place to make the most of disposals which are exempt from CGT or by utilising their annual personal CGT allowance, we make sure that we’re providing advice which is tailored specifically to the circumstances of each individual.

R&D Tax Relief

What do a cardboard box manufacturer, a pet food supplier and a pig farmer have in common? They’re all businesses that we’ve helped make successful claims for R&D tax relief.

R&D isn’t just for the tech guys or the engineers, but so many businesses wrongly assume they’re not eligible. You’ll only pay a fee to us if we find a claim and if we do, we can build any savings into your long term tax strategy to help fuel your growth.

Corporate Tax Structuring

There are a number of different ways to structure a business in the UK and as your accountants, we’ll take you through the advantages and disadvantages of each option. Every business owner has different objectives, and with our combined knowledge that we’ve gained over many years in practice, we’re fully equipped to advise on which structure will best suit your needs.

EIS & SEIS Tax Relief

The Enterprise Investment Scheme and Seed Enterprise Investment Scheme provide various tax reliefs for individual investors who subscribe for shares in companies which meet certain criteria. The schemes are designed to incentivise investment in UK-registered start ups and early stage businesses (or a company registered outside the UK, with a permanent establishment in the UK) and each one has its own list of rules and eligibility criteria.

Inheritance Tax Planning

Inheritance Tax (IHT) is a tax on the estate of a person who has passed away and it can often cost loved ones huge sums of money. IHT can also be payable where an individual makes certain lifetime gifts. Understanding how IHT works and getting advice on the actions you can take to minimise the amount of tax paid is critical and requires some forward planning.

Trust & Estates

Trusts and Estates

Trust and estate planning is essential for ensuring that your assets are managed and distributed according to your wishes, both during your lifetime and after your passing. Whether you have a larger estate requiring complex strategies, are a business owner considering your future, or have relatively straightforward affairs, effective planning can help minimise taxes and administrative costs, allowing more of your wealth to be passed down to your loved ones. Our team offers a thoughtful and well-executed approach tailored to your needs.

Employee Share Schemes

Offering employees equity in your company is a great way to reward, incentivise and retain your team. However, it is important to consider all share scheme options and the advantages and disadvantages of each one in order to maximise the tax advantages.

Contact Us

Want to find out more about us or enquire about working together? We’d love to hear from you. Head over to our enquiry page, fill in the form and we will be in touch!

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