HMRC consultation on Employee Ownership Trusts (EOT’s)

EOTs have been and continue to be an effective and useful tool when considering exit and succession planning.  The consultation addresses some of the obvious and common issues that have arisen over the past 10 years, and many of these have been highlighted already by the professional accountancy and tax bodies. 

Inheritance Tax Strategies

The agricultural industry has many opportunities for an individual to benefit from Inheritance Tax (IHT) reliefs, as a result this has many individuals believing they will not have an inheritance tax liability. In many instances farmers will be covered by Agricultural Property Relief (APR) and Business Property Relief (BPR), however, certain business structures can limit these reliefs

How hard is it to get an R&D claim correct?

Our team have considerable experience in this area and this is probably why, as an advisor who works with many clients on R&D claims, we have had minimal issues arising from the random enquiries.
R&D tax relief is offered to encourage innovation and advances within businesses, and working with a tax accountant with a thorough knowledge of the rules and wide practical experience is essential.