Incorporation Tax

Incorporation and winding up of companies including valuation of Goodwill.

Despite the removal of the nil rate band there is still a benefit to incorporate your business. Part of the benefits is the ability to remove funds tax free from your company based on the value of the goodwill.

We also look at the other end of a company’s life and advise on the most tax efficient way to windup a company.

With regard to incorporation we would look to do the following:

1. We would meet with you to discuss the merits of incorporating your business and show you how you will save tax and NIC. If required we will liase with your accountant to enable them to set up the new company.

2. We can prepare valuations of your Goodwill for you either as part of the above or on a one off basis. We will need a number of documents from you to enable us to do this. Once a valuation is prepared we will provide it to your accountant for their use in your Tax Return.

3. If required we will handle any negotiations with HMRC regarding the value produced. We will provide a quote for this work based on the work required.

If you would like to discuss any matters with us or to arrange a meeting please call us on +44 (0)121 483 6850 or click here to contact us.