Almost every business will have a question about tax at some point (and most do on a regular basis!), so we provide our clients with solutions in a way that suits them.
Increasingly, modern businesses are having to operate on a global basis, be it through making worldwide sales, employees travelling abroad or setting up offices or subsidiaries in other countries. Whilst this globalisation is made easier by the advances in technology, this in itself can bring complications from a tax perspective. Global authorities are looking at the worldwide issue of where profits should be taxed, which is expected to result in significant changes to the way the current tax regime works. Businesses are therefore finding that they need even more support when it comes to their tax affairs, both in the UK and internationally.
Transfer pricing is one area which is under scrutiny. The internal prices set by a group can determine where the group’s profits arise and therefore which jurisdiction they are taxed in. We can assist groups in setting and implementing their transfer pricing policy so that it adheres to the necessary rules and documentation requirements, whilst also being tax efficient.
We also advise on how to structure a worldwide group to give maximum efficiency to tax liabilities whilst ensuring that the desired cashflows and return of profits are achieved. Expanding overseas might, for example, require you to establish a local branch. Some jurisdictions insist that operations are within a company and others go even further by insisting that such entities are partly owned by a local person. Each of these scenarios can result in very different tax liabilities and therefore materially impact on the net profit you make. A group’s requirements in this respect are therefore always unique and developing a deep understanding of our clients’ business is critical to ensure we offer the best advice.
There are many other ways in which we assist and support our clients whilst they carry on their businesses, and we work hard to find the best way to work with each one.
Corporate Tax Service Team
Our Clients Love us
Scroll through the testimonials from our clients.
Excellent quality of work and very responsive to our demands
I needed some specialist tax advice in respect of a complicated capital reduction demerger, a partial buyout of my company. Without specialist advice the tax hit was going to be huge.
TAP Advisory were recommended to me by my accountant, and my solicitor was also very complimentary about TAP when they found out we would be working with them. Tap's reputation preceded them.
The fees TAP charged were reasonable in my eyes, and small in comparison to the money they saved me, I was VERY grateful for the advice and guidance.
TAP were great to deal with throughout, they kept me in the loop in laymans terms and liaised well with the other professionals looking after my interests.
I could not recommend them enough in respect of their extensive knowledge and experience.
In our company we see our TAP contact very much as one of our team. For example we see him as more of a part time employee than a service provider. To this extent he has always acted into his manner available whenever we need him and on demand. I have never thought of TAP as having other clients (even though I know they have), because the client servicing is amazing.
Excellent quality of work and very responsive to our demands
I needed some specialist tax advice in respect of a complicated capital reduction demerger, a partial buyout of my company. Without specialist advice the tax hit was going to be huge.
TAP Advisory were recommended to me by my accountant, and my solicitor was also very complimentary about TAP when they found out we would be working with them. Tap's reputation preceded them.
The fees TAP charged were reasonable in my eyes, and small in comparison to the money they saved me, I was VERY grateful for the advice and guidance.
TAP were great to deal with throughout, they kept me in the loop in laymans terms and liaised well with the other professionals looking after my interests.
I could not recommend them enough in respect of their extensive knowledge and experience.
In our company we see our TAP contact very much as one of our team. For example we see him as more of a part time employee than a service provider. To this extent he has always acted into his manner available whenever we need him and on demand. I have never thought of TAP as having other clients (even though I know they have), because the client servicing is amazing.