Tax Avoidance Schemes

The landscape changes very quickly in terms of tax avoidance strategies.

New strategies are registered with HM Revenue and Customs throughout the year but each is usually only in place for a short period of time.

The anti avoidance regulations that mean strategies are required to be registered within 7 days of launch means that legislation changes rendering them ineffective are able to be made that much quicker.

Should you wish to take part in a strategy our advice would be don't wait!

Within a month the chance could be gone and no one will able to tell you whether another one will be launched or not.

But when are tax avoidance strategies likely to apply to you?

Typically you should call us if:

Your company posts profits of £200,000 or more per annum
You have personal income of £100,000 or more per annum
You are about to buy property for £500,000 or more
You have an investment portfolio with £1 million equity or more
You utilise contractors or are a contractor with earnings in excess of £30,000
You have employee groups earning £30,000 or more per annum each

If any of the above mirror your circumstances then call 0121 544 0240 and ask to speak to one of our tax team.