A sale or purchase of a business will always have tax implications. A buyer and seller will typically have differing objectives when it comes to structuring the transaction.
If you are thinking of selling your business, the earlier you can get us involved in that process the better as we can help ensure that any tax risks are identified early (and where possible reduced), that any pre-sale restructuring is completed well in advance and that the transaction itself is structured to give you the best result.
Business owners might want to restructure their business for a variety of commercial reasons, such as succession planning, planning for a sale or purchase, or restructuring a group to maximise tax efficiency and savings. Reorganisations can be complex and can take time and early planning and proper tax advice is crucial.
Research & Development (‘R&D’) Relief, Patent Box relief and for those in specific sectors other types of Creative Industry Reliefs, such as Film Tax Relief, Video Games Tax Relief or Animation Tax Relief can provide excellent incentives and rewards for businesses where available.
The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) are government initiatives designed to encourage and support private investment into SMEs. Companies who qualify can become an attractive proposition for UK investors.
Employee share schemes are widely used as an attractive way to reward and retain employees. They continue to be a popular remuneration tool, with recent figures from HMRC showing increases in the use of such schemes. ETC Tax can advise on all types of employee share scheme but the most popular tend to be EMI share schemes and growth share arrangements. Employee Ownership Trusts (EOTs) are another increasingly popular way for business’ to reward staff on a partial exit and we have significant experience in advising on these.
Despite economic, tax, political and social challenges, , expanding overseas remains high on the agenda of many UK businesses. There are many different ways to achieve international expansion and each carries different tax consequences.
If you run a business and are paying tax in the UK, you may be eligible for capital allowances. These allowances allow you to claim tax relief on certain costs of buying or improving property and equipment. If you own a commercial property, residential rental properties, or any qualifying assets, we can help you understand what qualifies for allowances and maximise the tax benefits available to you.
Excellent service from the team at ETC. They have been preparing my tax return for the past few years now and each time they’ve done an excellent job. Very professional, strong attention to detail, and always available to clarify any questions I have. Highly recommend their services, particularly for anybody with complex tax needs.
ETCs has provided us with expert guidance which helped us navigate complex tax laws. Their attention to detail and deep understanding of tax regulations gave us peace of mind, knowing we’re fully compliant and making the most of available opportunities. Professional, efficient, and trustworthy-highly recommend their services!
Great tax service from ETC Tax. They have handled my crypto tax requirements for the last few years and I’m delighted with their professionalism. Highly recommended.
ETC were well-informed about my specific request for advice regarding tax-treatment of crypto-assets. It was very easy to arrange a phone-consultation; the person who called me was very pleasant, communicated clearly and gave clear advice and information.
Our client was faced with a high VAT bill after HMRC challenged their VAT recovery on legal costs. ETC not only succeeded in defending our client’s position but did so in an innovative way, gathering and using facts and VAT case law to establish arguments as to why they could recover VAT costs thus defending their position and recovering the VAT costs.
Enterprise Tax Consultants provide valuable support to us regarding complex tax issues across a full remit of specialisms. The team are knowledgeable, approachable and commercial, finding us practical solutions to our clients’ problems. As a small accountancy practice this service enables us to offer advice and services usually only found in larger firms.
We’ve used different tax people in the past who have been OK, but since finding ETC our team couldn’t be happier; as we grow our practice we are so confident knowing ETC will be able to solve our clients’ problems – we know what we don’t know but we are confident that ETC will know.
ETC give us the whole spectrum of specialist tax advice enabling us to retain our clients and push the practice forwards.
Ideally, as early as possible. Early tax advice can help you identify and manage risks, prepare for any pre-sale restructuring, and ensure the transaction is structured to meet your objectives, whether you're buying or selling.
Both involve changes to a business’s structure, but reorganisations often focus on simplifying or streamlining, while reconstructions may be required for succession, sale preparation, or financial restructuring. Either way, professional tax advice is essential to avoid unexpected liabilities.
If your business is involved in developing new products, processes, or services, or improving existing ones, it may qualify for R&D, but the process is not simple and every claim must be assessed on its merits. We can help assess eligibility and prepare a strong, compliant claim where relevant.
These schemes offer generous tax incentives to investors who invest in qualifying UK businesses. As such they can be a great way for a business to raise capital and grow. . We help ensure your company meets the relevant criteria.
An EMI (Enterprise Management Incentive) scheme is a tax-advantaged share option plan designed for smaller companies to attract and retain employees. We can advise on the suitability of an EMI for your business as well as any alternative options such as growth shares, and support you through the advice and setup from start to finish.
