Our Services

Corporate tax planning

Why pay more corporation tax than you have to?

At Milner Boardman we believe that, wherever possible, a company should not be burdened by excessive corporation tax liabilities.

In recent times, the Chancellor has made it more and more difficult to mitigate corporation tax liabilities. However, we are at the forefront of corporate tax planning, implementing the most up to date and effective tax strategies available on the market.

Recent examples of this can be seen in the following case studies:

1.  A property development company was facing a corporation tax liability of £450k. This was reduced to £60k through the use of two different tax planning techniques. The first being the use of pensions and the second through the structuring of an offshore financial transaction that resulted in a tax deductible loss with no corresponding onshore income becoming chargeable. 

2.  A marketing company was facing a tax liability of £150k we reduced this to zero through the creation of an employee retention trust into which the profits were paid. The trust was then used to remunerate the directors of the company at a minimal personal tax rate.

 Along side the year on year tax mitigation process, we can also help you in:

•  Determining the most effective tax structure for your business.
•  Achieving the optimum capital or revenue tax treatment on acquisitions.
•  Reducing tax on disposals and maximising relief on acquisitions.
•  Meeting the rigorous demands of corporation tax compliance.