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Tax advisory and Business Planning Services
Wellden Turnbull provides a full range of tax advisory and planning services to businesses across the UK. As a team of independent chartered accountants, we have years of experience providing expert tax advice, as well as a range of planning services for different aspects of businesses.
Our knowledgeable team calls on many years of experience throughout a huge variety of sectors and industries. We have worked with businesses of all sizes and can provide advice and guidance across a full range of issues
We provide expert VAT advice to ensure not only that our clients are informed about the latest relevant legislation, but also that we are providing them with all of the most valuable information about their VAT and tax situations.
Calculating VAT correctly is a challenge that every business faces, and our leading team of accountants understands it is important to stay up-to-date with UK laws across this ever-changing industry. Misunderstanding VAT can lead to unintentional underpayment or overpayment of VAT – we make sure this is something that does not happen to our customers.
We can help with everything from ensuring your VAT is efficient to providing assistance with the completion of VAT forms. We can also help you negotiate with HMRC if a disagreement arises.
Mergers & Acquisitions
If your business is looking into a merger or acquisition, we can help. Any merger or acquisition is a time-consuming process with hidden complexities – managing it effectively takes expert advice and guidance.
Research & Development
Is your business claiming the tax relief you are owed? You may be able to claim tax relief against your Research and Development (R&D) and Patent Box expenditure. Our team has extensive experience in the SME and RDEC R&D tax relief schemes, as well as the Patent Box Scheme. We can help you to maximise your tax relief claims.
We are experts in research and development tax advice, and our team is well placed to provide you with in-depth insight on everything from qualifying for additional tax relief, stipulations on how to claim, and related tax guidance and legislation.
If facing an HMRC tax investigation, you can expect an examination from the Inland Revenue that can leave even the most careful business owner concerned. HMRC are upping the number of tax investigations carried out, so this is very much a possibility, and it naturally comes with some level of stress and anxiety.
Wellden Turnbull specialises in resolving tax investigations and providing tax investigation advice and guidance on disputes and conflicts with HMRC. We can help you with everything from preparing disclosure reports, negotiating tax penalties, and working with other professionals to achieve a settlement for mutual clients.
Our team has significant experience in corporate restructuring with regard to the most favourable tax situation. For example, there are tax reliefs available in transitioning the business to an employee-ownership model via an Employee Ownership Trust (EOT).
This government initiative is aimed at promoting employee ownership and providing business owners with the opportunity to sell shares to an employee-owned trust. This can create a situation where employees have a controlling interest in the company via an all-employee trust, rather than direct share ownership by employees.
If you are interested in getting tax advice from Wellden Turnbull, please don’t hesitate to contact our experienced and knowledgeable team today.