Our services to you

We act for sole traders, traditional partnerships, limited liability partnerships (LLP’s), companies limited by share capital and companies limited by guarantee.

These entities can and do evolve from one into another or come together in a group structure. From the simple to the complex we can talk you through the practical, administrative and taxation consequences of your chosen business vehicle.

Selecting the business legal status through which you trade is important when starting up in business. Equally it is worth regularly reviewing the structure that you do use at regular periods throughout the life cycle of your business. Quite often the structure that is appropriate for a business in its infancy becomes the wrong option for your business as it expands and grows.

If you are starting up in business, or feel that your existing business structure is not appropriate please contact us.

For a business that is both owned and managed by the same person, or people, it is essential that the business structure facilitates the private expectations and needs of the business owners.

We will consider how the extraction of funds from your business will combine with your other income and expenditure to achieve the most efficient tax position given your lifestyle demands. Through providing ongoing tax advice to both the owner and his/her business we can give rounded and holistic guidance.

We seek to support you through the whole of the set up processes and typically this will include:

• The reporting of new shares issued to employees
• Guidance on shareholder agreements
• VAT schemes appropriate to the company
• PAYE registration and dispensations available
• Registration for corporation tax
• Setting up your record keeping system
• Introduction to providers of finance and banking facilities