Tax planning and tax advice in Edinburgh
How you structure your affairs can have a massive impact on the tax you pay.
At Haines Watts Edinburgh we’ve got some of the best tax people in the business to make sure you’re not only compliant, but both you and your company are tax-efficient.
We’ll come up with an individual tax plan tailored to your specific needs and we’ll help you find, and assist you, with the options that you’re comfortable with.
Our tax advice will be comprehensive, clear and most importantly, tailored to your specific requirements.
We can help you plan and save on tax in the following areas:
Are you making full use of your personal tax allowances and reliefs to save tax?
Are you a married couple considering the transfer of income-bearing assets?
Our tax specialists in Edinburgh can help you with any claims for reliefs or advise on the transfer of assets between spouses.
Whether you run a single company or a whole group, our tax specialists in Edinburgh will help you retain more profit or extract more value from your business. We specialise in dealing with owner-managed businesses like yours and we would be happy to help.
Capital gains tax
If you sell your valuable items you may need to pay Capital Gains Tax (CGT). We can help you claim any appropriate reliefs, work out what you owe or advise you if the asset is exempt.
We know that this area can often be a difficult subject to talk about with loved ones and friends, however by planning ahead, you could save a large chunk of your estate from tax.
In our ever expanding global economy, whether you’re doing business internationally, planning to live outside the UK, or coming to the UK to live and/or work here, Haines Watts Edinburgh can help you save tax overseas and in the UK.
Tax investigations and disputes
Many businesses will face a routine tax audit from time to time, but the investigation becomes more serious if HMRC suspect your tax returns are inaccurate. Tax investigations and tax audits can be very stressful and complex. We communicate effectively with HMRC on tax issues and can help you assess and resolve any ongoing risks.
Research and development tax credits
Research and Development (R&D) is not just about people in white lab coats. R&D tax credits are designed to encourage companies to invest in innovation, and can offer your business an opportunity to claim back a proportion of your R&D expenditure as tax credits. Haines Watts Edinburgh have a 100% record in claiming R&D tax credits. We can help you find out if you qualify.
International tax compliance
Both in the UK and abroad, tax penalties are growing. Compliance with an increasing number of tax rules has never been more important.
Haines Watts Edinburgh offer efficient, cost-effective tax compliance services for international companies and individuals. We make sure your tax affairs are legal and accurate, right down to the last detail.
Personal international tax
In today’s highly mobile world, individuals are often on the move. Many of our clients are non-domiciles, or have an international tax aspect to their financial matters. They rely on us to provide peace of mind that their personal tax affairs are in order.
We will help you protect your earnings and minimise your tax liabilities while complying with local tax laws.
Our international tax specialists provide advice on:
- Income tax
- Capital gains tax
- Inheritance tax
- Implications of working in the UK or leaving the UK for both short or long periods of time.
We work with employers, individuals coming to or leaving the UK/expats.
Corporate international tax
Co-ordinating international tax advice across jurisdictions is vital. Haines Watts Edinburgh’s international tax experts will develop customised tax plans that help manage your compliance while reducing your exposure. We advise on:
- Tax efficient ownership structures
- Repatriation of profits
- Withholding taxes and tax clearances
- Double taxation relief
- Controlled foreign companies planning
- Managing enquiries from local and UK tax authorities