A complex and constantly changing corporate tax environment in the UK makes it difficult to stay ahead, and introduces the real risk of incurring heavy financial penalties for non-compliance.
Directors can no longer rely on the tax reliefs and incentives that once made important decisions a little easier. Effectively managing your company’s tax risk and being aware of the implications of proposed change is, therefore, an important consideration.
Furthermore, HMRC are striving to control aggressive tax planning with the introduction of their special measures regime. Although this is said to affect only a small number of companies, the sanctions applied for non-compliance are significantly stronger than previously experienced.
Understanding your industry
Handpicked Accountants has enjoyed long-established business relationships with professional, proactive accountants in your locality. We can put you in touch with someone who understands not only the complex tax system, but also how it specifically affects the industry in which you operate.
Having someone you trust to maximise your company’s tax opportunities whilst taking into account its commercial goals can significantly alter the trajectory of your business. Let us help you obtain expert tailored advice from a professional who will engage on your behalf with HMRC, and ensure your company meets the ongoing requirements for greater tax transparency.