UK tax laws are some of the most complex in the world, covering over 21,000 pages and growing annually.

UK tax is broken down into mainstream taxes such as Income Tax, National Insurance, Capital Gains Tax, Inheritance Tax, VAT, Corporation Tax, Stamp Duty Land Tax and, the most recent to impact on landlords and business owners, the Annual Tax on Enveloped Dwellings (ATED).

There are a number of other taxes which impact on UK taxpayers, such as Stamp Duty (on shares), Import/fuel duties, beer/wine/tobacco duties, Road Tax, Council Tax, Business Rates, Insurance Premium Tax, Air Passenger Duty, Betting Duties, Landfill Tax, Climate Change Levy and the Aggregates Levy.

As such it is vital that you work with specialist advisors that understand not only the options and reliefs available but also the anti avoidance rules that could easily block the advantages you are expecting to receive.

For many clients, their advisors can guide them through the basics and tell them how much tax to pay given their circumstances, but for more complex and larger transactions it’s vital to get the right advice early enough to structure your affairs in the most tax efficient way possible.

For more information on how we can assist, see the specific pages below: