Income Tax/PAYE/NICs
We frequently advise and assist with all the tax aspects of employment, including employment status issues (employed or self-employed), PAYE and NIC planning and EBTs (including exit strategies). We give pre-and post transaction advice on the disguised remuneration rules, all forms of share schemes (including EMI), employee pensions and retirement schemes, cross-border employment issues, and all matters relating to the extraction of value from close companies.
We advise in relation to all aspects of disguised remuneration challenge and settlement. We have an in-depth knowledge of so called disguised remuneration schemes and can assist clients with achieving substantially better settlement outcomes.
Capital Gains Tax
Joseph is the contributing editor responsible for much of the capital gains division of the esteemed Simon’s Taxes Encyclopaedia. We advise on all areas of Capital Gains Tax and can assist clients to establish structures which minimise the incidence of CGT. Joseph has considerable experience advising UK and offshore property developers and is at the cutting edge of advice on the upcoming CGT legislation about to be implemented.
Inheritance Tax
The 40% Inheritance Tax, previously known as “death duty” and then “capital transfer tax” has long been known as the destroyer of accumulated family wealth.
CCTC advises and assists with all areas of Inheritance Tax, including gifts, reservations of benefit, settlement restructuring and exit charges, EBTs, domicile issues and IHT matters affecting close company transactions.
We assist his client to structure their assets in such a way as to avoid, so far as possible the incidence of Inheritance Tax and preserve family wealth for the benefit of future generations.
Corporation Tax
We advise on all areas of Corporation Tax, with a particular emphasis on close companies and owner managed companies, tax efficient finance and profit extraction arrangements and the raft of anti-avoidance legislation that day to day bears down on companies conducting ordinary commercial transactions.
Joseph recently assisted one of the largest transatlantic hedge funds to quickly close off an enquiry that had the potential to turn into a long winded and very expensive transfer pricing investigation.
VAT
We advise on all aspects of VAT, including VAT planning and cross-border transactions. Joseph and Tristan have recently appeared in a number of complex and high value VAT cases including resisting an application by HMRC to refer a case to the European Court of Justice.
International Tax
We frequently advise in relation to tax matters with at least one offshore element, including offshore close companies and non-resident trusts, transfer of assets abroad, CFCs, withholding tax, double tax treaties and the characterisation of foreign entities for the purposes of UK tax law.
Stamp Duty Land Tax
We advise in relation to stamp taxes, including SDLT, and have experience advising on SDLT planning. We assist clients to structure their holdings to as to reduce or eliminate the burden of SDLT in accordance with the law and HMRC guidance. We can help with all kinds of SDLT assessments and enquiries with a view to bringing them to a rapid and successful conclusion.
Joseph has recently appeared in the tax tribunal dealing with complex SDLT issues and has an in-depth knowledge of commercial and residential property holding structures and how to maximise their SDLT efficiency.
Customs & Excise Duties
CCTC has experience advising clients of all sizes in relation to various customs and excise duties and related matters. We frequently assist clients to successfully challenge HMRCs exercise of powers, which can be a formidable and daunting exercise for the unrepresented taxpayer. These rules are difficult waters for even HMRC or UK border force to navigate. Whether clients are concerned with establishing bulletproof compliance procedures, are facing seizures, assessments or penalties, or facing issues with regulatory oversight, CCTC has the experience and firepower to assist and level the tax playing field.
We also have experience advising and appearing in the Tribunal in relation to various customs and excise duties, and related matters.