How we helped a highly skilled group of software and systems development engineers, who had recently started their own development company, claim R&D tax relief.
Where a company wants to settle several Employee Benefit Trusts (EBTs) with HMRC.
We assisted a company allocate their trading activities into two separate companies so as to reduce the exposure of each company to the other company’s risks without producing adverse tax consequences.
Where a company shareholder wants to exit the business due to a dispute, retirement or to pursue other opportunities, a company purchase of own shares is always a worthwhile consideration.
We can help with identifying the tax implications of a company sale. Often working with clients through their accountants where the accountancy practice doesn’t have either the time nor the necessary in-house capacity or tax knowledge to undertake assignments without our support.
We work with accountants as their trusted tax adviser to ensure their clients get the best possible tax advice. Because Bedrock specialises in tax and we don’t offer accountancy, audit or compliance services we can act as an accountants trust tax adviser, becoming part of their team.
Our client in the luxury travel industry, provides passenger transport in vehicles designed or adapted to carry 10 or more passengers. Because the supply of passenger transport services are zero-rated VAT which meant customers weren’t being charged VAT, the company mistakenly believed they didn’t need to be VAT registered.
When a business comes to Bedrock with a concern that their VAT Assessment is incorrect, our experts are able review and investigate the assessment to make sure that their business is not paying too much VAT. In this case study our client supplies engineering services to the building trade.
The team at Bedrock offers expert tax enquiry support. Our experience in dealing with HMRC has proved invaluable to clients and accountants when defending a particular stance taken regarding tax returns; conceding where claims have been made in error and in repairing damaged relationships with HMRC.
For small and early stage start-up companies in the UK, Seed Enterprise Investment Scheme offers excellent tax reliefs for investors who subscribe for qualifying shares.