Lloyd Dowson

Tax Planning

Here at Lloyd Dowson we offer specialist Tax advice for you and your business to enhance growth, profitability and reward. We want to help guide you through each stage of your business life. 

Tax Planning

At Lloyd Dowson we understand that all good tax planning starts with a sound understanding of the client and their preferences and objectives. Only then can our specialists offer effective tax advice that is truly tailored to your needs.

Armed with this knowledge we can offer tax efficient advice for you and your business to enhance growth, profitability and reward. As Business Advisors we want to guide you through each stage of your business life, from start up to expansion, restructuring and eventual sale, or succession and retirement. 

Business Start Ups

At Lloyd Dowson we will help you to choose the right business vehicle on start up, be it sole trader, Partnership, Company or LLP and keep it right as the business evolves. We will also help you to make structured drawings from your business in the most tax efficient manner. Tax legislation is changing rapidly and we continually review our clients’ trading status to ensure continued tax efficiency and stay one step ahead.

Wills and Trusts 

At Lloyd Dowson we actively encourage our clients to regularly review their Wills to make sure they reflect their current wishes. In addition, we also give advice on related matters such as inheritance law and taxation. The significance of this cannot be overstated, particularly in light of the new intestacy rules. You need to know that your affairs are handled in the way that you wished. Having a Trust will help you to protect your assets. At Lloyd Dowson we can advise on making tax efficient lifetime gifts into a Trust for young children or others, as well as the use of Trusts when planning your Will. We can guide you through the many tax saving opportunities presented by incorporating a Trust, including Income Tax savings of up to 45% annually on income received, Capital Gains Tax savings of up to 28% on transfer of assets to family members and savings of 40% on the value of assets put into Trust. 

Capital Gains Tax

Whether you’re selling the business, property, stocks and shares or any other assets, we will guide you to time and plan disposals to achieve the best combination of the three rates of Capital Gains Tax currently at an all time low! For business sales in particular, it is essential that you meet all of the relevant criteria to qualify for the lowest 10% rate available to “Entrepreneurs”. There are many traps and pitfalls for the unwary. Our expertise ensures that you do not fall into them and you do not miss out on all of the claimable reliefs and exemptions.

Research and Development

At Lloyd Dowson we are able to provide a comprehensive review of our clients' businesses and, where possible, make a claim for the very generous Research and Development tax incentives, increasing qualifying costs by up to 130%. To date the claims we have submitted have resulted in an average Corporation Tax refund for our clients of over £40,000 a year!!

HMRC Enquiries

HMRC has ramped up its compliance activities with increasing numbers of specially trained taskforces and focused resources. With over 100 years combined experience, the Tax team can boast a history of effectively handling HMRC enquiries and investigations. Our diligent preparation of accounts and tax returns puts us in the driving seat in all dealings with HMRC. And, our bespoke “Fixed Fee Scheme” serves to ease the strain on those unfortunate to find themselves under any stressful Tax, VAT or PAYE experiences.

Business Sale/Succession

You’ve built and successfully established your business over a number of years and the next decision is what to do next? Pass it down to family or sell to perhaps existing employees or a third party? We will guide you through the process and advise you of your options to provide a solution that satisfies your wishes at minimal tax cost.

The tax team's mission is to relieve worries and replace them with solutions.

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