
Tax Services
Our tax team are highly experienced in UK tax from personal tax returns, tax planning to ensure efficiencies, business tax, structures, research & development, and more. Personal and tailored to your needs, we try to present simply what is a very complex subject. Everyone’s situation is unique and personal and business objectives can influence the advice and support needed. Having a trusted advisor who takes time to understand your circumstances is essential to ensure you maximise your tax efficiencies.
Business tax
Don’t just meet your basic filing requirements with HMRC. Whilst the compliance and accurate filing is essential, GTP provide much more than just your standard service and ensure your tax efficiencies are maximised. Consider capital allowances, plan before your year-end and review the business position. Our team has a breadth of experience in SME’s, family businesses and larger businesses to meet your needs.
Personal tax
We help file your tax returns accurately, plan your personal tax situation and encourage meetings to ensure you are being tax efficient and making sensible decisions. Don’t just leave it until January to wish you’d been better prepared. Our team is highly experienced in family tax planning, income tax and capital gains tax mitigation.
Research & Development (R&D)
With seemingly ever-changing regulations ensuring you have a knowledgeable advisor is essential to ensure your R&D claim is accurate, legitimate and that you have an understanding of the process required and what meets the definition of an R&D project. Our team has experience in preparing returns and reports, working with you to fully understand your business and the projects and can ensure a smooth process reducing the chances of an inaccurate report or HMRC investigation.
Estate planning
Inheritance Tax could be 40% on the value of your assets left to your loved ones. This can be a high price to pay and often leads to assets being sold to pay the tax. At GTP we work with you to understand how you would, ultimately, like the wealth to be spread amongst your beneficiaries and advise on the most tax efficient way to achieve your goals, leaving as much in your pocket as possible!
EIS / SEIS
If you need to raise funds to support and grow your business then we can work with you to ensure that your company qualifies under the SEIS/EIS schemes. We can hold your hand through the whole process starting with securing advance assurance from HMRC and ending with qualifying investors able to benefit from up to 50% tax relief on the capital invested in your business.
Company restructuring
Putting a tax efficient Company structure in place can be key for future business plans. The GTP Team will complete your Business valuations and have these agreed with HMRC and ensure the correct paperwork is completed. At GTP we understand how a restructure will affect your business and personal tax position and how important it is to get this right. We also undertake the associated work to put in place schemes to reward your key employees.
I’ve always found the team at GTP to be knowledgeable, responsive and – importantly – great to work with. They don’t miss anything, and are always on hand to advise and get us through the urgent times with HMRC deadlines. They are also very forthright and professional at dealing with HMRC.
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