Offices in Manchester & Liverpool
Tax Advisors & Accountants
Here at Williamson & Croft, we’re here to provide professional and viable tax services. Our team of tax specialists understand the complexities and unforeseen risks in a wide range of sectors and business transactions.
Working with businesses of all sizes and complexities, we truly understand the strategic objectives and problems that organisations can face. Let our supportive and knowledgeable team advise you on a range of different opportunities and risks associated with your affairs, without you having to worry about a thing.
Learn more about how we can protect your business’s revenue by exploring our tax services today.
Explore our range of tax services that we offer:
We’ll regularly assist clients with R&D Tax Credits, incorporations, Capital Allowances, SSE opportunities, corporate losses and interest restrictions, creative taxes, partnership taxes, stamp taxes, anti-avoidance advisory, EIS and SEIS share issuances and transfer of ownership advice.
We can navigate around the obligations, risks and opportunities which arise for international businesses. Likewise, where UK companies wish to expand overseas, we can advise on the tax impact in relation to their UK tax affairs. We assist clients with tax services during the incorporation and management of subsidiaries, branches or liaison offices as well as permanent establishments.
Our tax consultants have assisted on transactions of all sizes, from first-time acquisitions through to assisting financial institutions. We can support a number of areas:
- Deal and consideration structuring
- HMRC clearances and time-to-pay arrangements
- Heads of Terms and Share Purchase Agreement advice
- Stamp Duty and SDLT advice
- Advice on tax relief for deal costs including VAT recovery & Plenty more
Managing your workforce efficiently ensures that they stay compliant. We can assist with payroll, employee benefits, share schemes, and navigating the HMRC regulations, helping you attract and retain your talent through tax-efficient incentives.
We guide clients with buying, selling, developing, investing, and asset managing their property portfolios. We can also assist with specific corporate tax issues that might be relevant for real estate clients. And, we assist at all stages in the life cycle of any development or investment strategy, ensuring all tax risks are securely managed.
Most individuals’ ultimate objective is to maximise wealth and protection for generations to come. However, we understand that the interaction of a number of taxes along with complex legislation may erode your wealth. Therefore, we can support your overall strategy and input the tax considerations where needed before you make any financial decisions.
Managing the risk and relationship with HMRC is paramount and we’ll work closely with you and your business, your other advisers, and HMRC to ensure a suitable approach and outcome is reached.
Ever-changing VAT legislation and official guidance, case law and VAT systems create a complex environment wherever VAT is concerned. Here at Williamson & Croft, we can provide the appropriate advice to ensure that risks are managed and VAT liabilities are accurately calculated to avoid errors.
Why you should choose Williamson & Croft for your tax consultancy needs
While there are plenty of tax advisers out there, here at Williamson & Croft, our expert team is made up of dedicated tax accountants who are always here to support. Here are just a few of the things you can expect:
- We’re an award-winning firm of accountants and tax advisors
- We have clients from varied sectors, such as property, construction, technology, professional services and digital.
- We’ve got plenty of five-star reviews and are highly recommended across our client base
- We support businesses to help them achieve their goals and outperform their competitors
- Offices easily found in both Manchester and Liverpool
Our specialist team, ready to help you
Generally, leasing is more tax-efficient for cash flow and VAT. You can most of the time claim 100% of lease payments as a business expense and reclaim 50% of the VAT. If you do buy a car outright, you can rely on Capital Allowances. Nowadays, electric vehicles are the most tax-efficient option, offering 100% first year allowances and low benefit-in-kind rates for employees.
When it comes to selling a company, it triggers Capital Gains Tax (CGT). You might be eligible for Business Asset Disposal Relief, which can reduce your CGT rate to 10% on qualifying gains up to £1 million. Proper structuring before the sale is essential to minimise liabilities.
Please do get in touch if you need advice on the sale of your business.
If you’re looking at taking a risk to innovate, whether that’s developing new software or products, then you will likely qualify. Recent HMRC changes have merged the SME and RDEC schemes, so it is vital that your claims meet the new requirements to avoid any enquiries. You can visit our R&D tax credits page or get in touch with our specialists for more guidance.
As of April 1 2023, and continuing for the 2026/2027 financial year, the main UK corporation tax rate is 25% for profits over £250,000. A small profits rate of 19% applies to companies with profits under £50,000. For profits in between that, a marginal relief rate applies.
You must register for VAT if you are expecting your VAT taxable turnover to be more than £90,000 within the next 30-day period. Further, if your business has had a VAT taxable turnover of more than £90,000 over the last 12 months, you need to register for VAT too.