Tax is a consideration in everything we do at gbac. Our team of Tax experts will save you and your business money by reducing your exposure to tax.
A great deal of tax can be saved by careful planning. Successive governments recognise the essential role entrepreneurs play in wealth creation. It’s the blood, sweat and tears (or more accurately the optimism, vision, innovation, determination and resilience) of the business community which creates the tax take and ultimately sustainable societal security (careful choice of adjective). Our politicians understand that the country must encourage UK businesses to drive the productive and gainful employment of the population. The multi-nationals can take their jobs anywhere in the world, and, of course, they do. It therefore falls upon the SME sector to provide this vital employment. Successive governments are showing increasing encouragement to make this country business friendly.
The tax landscape in the UK is therefore characterised by low business tax rates, a 10% capital gains tax rate for the first £10m per person of qualifying gains on business assets and some world beating reliefs specifically aimed at driving innovation and the much-lauded knowledge economy.
Whether in emerging or traditional sectors we ensure every aspect of your tax position is carefully managed to help reduce the overall tax burden.