Building sound strategies for effective tax planning.
No matter your business' status, be it sole trader, partnership, limited company or LLP, we can help to reduce your liabilities and maximise your ability to extract profit from your business whilst remaining within the boundaries of UK tax law.
Effective tax planning begins with sound strategies
Core services
Added value services
Business Asset Disposal Relief
Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief (ER), applies when individuals dispose of shares in a trading company, or assets used in a business that qualifies for relief. For example, if an individual sells shares in a company in which they hold at least 5% of the share capital and have been actively involved in its management, they may be eligible for BADR. The relief is available for gains up to £1 million over the course of a lifetime. The CGT rate for BADR is now 14%, up from 10% in the previous year, for disposals on or after 6 April 2025. The CGT rate for BADR will increase further to 18% for disposals on or after 6 April 2026. With the changes to BADR and CGT rates, it is essential to have a well-structured exit strategy in place. If you are considering selling all or part of your business or business assets, we can help you navigate the complex rules to ensure you meet the conditions and advise you of the tax planning opportunities available before you make your disposal.
Capital Allowances
Depreciation of capital assets charged to your business’ profit and loss account is not a tax deductible expense. Instead, tax relief at different rates is available for different types of capital expenditure in the form of capital allowances.
Our team will guide you through the latest legislation and ensure the maximum tax relief is claimed no matter what side of the property transaction you’re on.
Our team will guide you through the latest legislation and ensure the maximum tax relief is claimed no matter what side of the property transaction you’re on.
Share valuations
There is no set process for valuing shares and, consequently, it is important to seek advice from experts..
To effectively benefit your business and your shareholders, we take time to understand your needs and tailor our services accordingly. Our specific valuation services include: the valuation of businesses or shares for purchase or sale, as well as potential share options and shareholder disputes.
To effectively benefit your business and your shareholders, we take time to understand your needs and tailor our services accordingly. Our specific valuation services include: the valuation of businesses or shares for purchase or sale, as well as potential share options and shareholder disputes.
Fee protection insurance
Offering fee protection insurnace means we can cover our clients from any fees that arise due to an HMRC investigation. Working with Croner Taxwise, our fee protection insurance will provide the ultimate protection for our clients, covering up to the equivalent of £100,000 towards our professional fees.
Read more about our fee protection insurance. (https://www.shawgibbs.com/fee-protection-insurance)
Read more about our fee protection insurance. (https://www.shawgibbs.com/fee-protection-insurance)
Your Corporate Tax Team
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