When personal views and trustee duties collide: practical considerations for trustees
Trustees are often chosen because they have strong values and sound judgment. In practice, however, those same qualities can create challenges whe...
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Our tax and accountancy specialists can take care of all of your personal and business tax needs under one roof, including tax planning and tax compliance together with a wide range of accountancy and business services.
At Anderson Strathern we specialise in dealing with tax and accountancy matters for a wide range of clients from high-net worth individuals to large family businesses. We appreciate that effective tax planning is imperative for our clients. Our tax planning experts are dedicated to supporting clients to organise their financial and business affairs in order to best protect and maximise their wealth.
All of our experts are well versed in providing tax advice in every area your business needs to consider, including its initial set-up, planning for short- and longer-term growth and ultimately , its disposal.
Each of our clients receives bespoke tax advice, tailored not just to take your personal and business’ immediate needs into account but also to ensure you’re well prepared for the future. At the same time, our experts will support you to plan for your personal tax needs.
Our experts bring with them an impressive breadth of experience – we have eight Chartered Tax Advisers, two members of the Law Society of Scotland Tax Committee and one accredited specialist in Private Client Tax. Their accumulative expertise is applied to provide you with the best possible service and practical, solution driven advice.
Ensuring your business’ tax affairs are managed efficiently and proactively could play a significant part in its future success. Business taxation requirements change constantly and keeping up to date with tax compliance and reporting options is becoming increasingly difficult for business owners.
Our tax advisers and accounts team are perfectly placed to manage all of this for you. They’ll listen to what you want to achieve now and, in the future, and apply their specialist knowledge to help you realise your future goals.
At Anderson Strathern we can support clients with a wide range of tax and accountancy matters, including:
Whether you’re a sole trader, partnership, LLP, company, charity, trust, dealing with investment property portfolios, executries or any other type of organisation, our experts are able to take care of all of your accountancy needs.
Our aim is to provide you with solutions to all of your tax and accountancy needs. Further to our team of tax experts, we have specialists that can prepare your business plans, cash-flow predictions and any other financial management information you need to effectively carry out the day to day running of your business.
We’re able to provide practical advice on the use of accounting systems and records, complete your VAT registration and the filing of your quarterly returns. Should you require assistance with payroll, we have the expertise to assist.
If you’re an individual client, we can act as your financial manager, helping you to look after your day to day cash management. This includes services tailored specifically for elderly and / or vulnerable clients.
We’re also well-equipped to deal with the financial administration for a range of organisations, including charities.
If you’re looking for accountancy services advice, get in touch with our expert lawyers today.
Contact us on 0131 270 7700, visit our offices in Edinburgh, Glasgow, East Lothian, Shetland or Orkney, or fill in our enquiry form to request a call back.
Our tax experts can offer support for business owners, including new entrepreneurs who need advice on the types of business structures available. For established companies, we provide proactive planning advice on the acquisition, ownership and disposal of any type of assets by your business. We can also provide advice on effective remuneration planning to help retain, incentivise and reward employees.
At Anderson Strathern we support businesses with practical and effective tax planning solutions. To maximise your options and potential tax benefits, it’s best to seek advice at the beginning of a project or transaction. We have a wealth of knowledge at our disposal to assist clients, including advising on:
Completing your tax return can be complicated and all the more so if you’re a business owner. Our tax advisors have the experience and in-depth knowledge to ensure that you comply with the relevant tax rules when completing and filing your tax return for you, , minimising the chance of future enquiries by the tax authorities.
Our team of tax compliance experts will guide you safely through your personal tax reporting requirements ensuring you fully understand your tax compliance position. Completing the appropriate tax returns can be time-consuming and frustrating, while instructing a member of our tax compliance team is a far less stressful way to ensure that the tax you owe is reported and paid on time.
If you are facing a tax enquiry or a more serious dispute, including civil or criminal investigation, our tax experts and, where appropriate, Dispute Resolution department can support you. While tax non-compliance can incur interest and penalties, it may not be too late to resolve the situation and improve your tax position, by working with our tax specialists and lawyers.
It could be that you are not facing a dispute but regardless you are concerned about dealing with your ongoing tax compliance responsibilities. We can assist you in reviewing your tax affairs (including your tax returns and calculations), and help put in place a manageable tax plan moving forward.
The transfer, sale or winding-up of your business could trigger substantial tax charges. Effective tax planning advice could reduce, defer or even eliminate any tax liability.
We can advise you on how to maximise the availability of certain tax reliefs on the disposal of your business, including effective use of capital gains tax business asset disposal (entrepreneurs) relief, rollover relief and reinvestment relief depending on your business and personal circumstances.
Our experts also provide personal tax planning for your own needs, advising large estate owners, family businesses, high net worth individuals, family trusts and other entities. We provide the full sphere of tax advice.
Clients with large estates, including, for example, property interests, business interests, and high-value income generating assets will benefit from implementing tax planning strategies during their lifetimes, to protect their wealth, ensure compliance, and secure their future.
To reduce the amount of tax that you pay you should consider working with a tax planning expert who can help you create and implement a tax minimisation strategy.
If you’re interested in tax planning for high-net-worth individuals, please contact our tax advisers at Anderson Strathern.
The main goal of tax planning is to highlight ways to reduce your tax exposure in a practical and cost-effective manner while protecting your financial, personal or commercial interests Effective tax planning can help individuals and families to protect their wealth now and for future generations
Tax planning can also be used as part of tailored wealth management strategies, supporting individuals to protect and grow their wealth while often supporting their investment and/or business ventures.
Our experts are here to help you navigate the challenge of effective remuneration planning. This is an essential element in attracting, retaining, incentivising and rewarding your employees and can be a key driver in terms of their motivation and their likelihood of remaining with your organisation.
We can advise you on how best to structure remuneration packages for employees living and working locally, and also for employees that are working abroad. We’ll share all of the available options with you, from the point of hiring (entering new employees into contracts of service), to contracts for service (which relate to contractors and freelancers rather than your own staff), to year-on-year retention and also in relation to the tax treatment of termination packages.
Our team of experts are also able to provide specialist advice on the tax and other implications of various forms of remuneration packages, for example, salaries, bonuses, performance related pay, benefits in kind, beneficial loans and share schemes.
Off-payroll working (IR35) roles for clients, contractors and their intermediaries has recently changed and our employment tax specialists are able to provide practical advice on the structuring of terms of engagement for employees and contractors in light of this. We ensure that we’re up to date on all extensions of these regulation so that we can provide you with advice that covers everything you’ll need to consider to ensure that you’re compliant but also as tax efficient as you can be.
You may also be aware that the HMRC are starting to look more closely at the tax treatment of payments made in relation to the termination of an employee’s contract of employment. We can provide tax advice that is appropriate to your business’ needs, on the tax implications and potential structuring of termination payments.
We’re here to help you plot your course across all areas of employment tax and to advise you on solutions that will not only be tax-efficient but also make sound business sense.
If you’re looking for tax and accountancy advice, get in touch with our expert lawyers today.
Contact us on 0131 270 7700, visit our offices in Edinburgh, Glasgow, East Lothian, Shetland or Orkney, or fill in our enquiry form to request a call back.
"Offering a complete package of legal and financial advice under one roof. Experts in their field available throughout."