Accountancy and Tax Considerations – Module Overview
During this module we’ll provide a high-level overview of the key issues you should be aware of with respect to living and setting up a business in the United Kingdom. The UK encompasses a highly regulated environment and it is important to be able to navigate its various requirements. The elements that will be covered relate to the following:
- content from an individual’s perspective, including personal tax and related areas
- content relating to setting-up a limited company in the UK and compliance requirements, including details on the various business taxes for consideration
- content relating to effective financial management of a company and business.
- Domicile & Residence
- Notification of arrival / residency in the UK
- Tax on income
- Tax on capital gains
- Tax on wealth
- National Insurance
- Financial planning
- Reporting and record keeping
- Fines & penalties
Business (using Limited Company)
- Payroll tax
- VAT (“Value Added Tax”)
- Corporation Tax
- Companies House requirements
- HMRC requirements
- Impact of non-compliance
- SEIS/ EIS
- R&D Tax Credits
- Types of finance/ availability
- Record keeping
- Budgeting & forecasting
- Cash flow management
- Tax considerations
- Management information
- Financial Statements
Private client tax services
Edward has almost 20 years’ experience of providing advice on a wide variety of tax matters to families, high-net-worth individuals and international clients.
His specialism is in the field of international private client tax. He advises non-doms on offshore/onshore structuring and planning, co-ordinating multi-jurisdictional advice and has considerable experience in advising on the taxation of offshore trusts.
Business Tax Services, Business tax
Claire’s areas of expertise lies in owner-managed business’ taxation; tax-efficient structuring; professional practices, property and not for profit sectors.
Claire has over 20 years’ experience advising owners and their businesses on their tax affairs. She was Big Four-trained and her experience covers all types of business tax issues, from compliance to planning.
Business Outsourcing Services
Shamiala is part of the business outsourcing group, providing services to a wide range of clients, ranging from sole proprietors, entrepreneurs & scale-ups through to internationally owned UK companies.
The services covered include: Unaudited statutory accounts, VAT, Bookkeeping, Management accounts, Accounting software advice, Budgeting, Cash flows, Forecasting, Payroll, Company secretarial services and related services