IB Tax & Accounting

We offer comprehensive UK company formation and company secretarial services, guiding you through the process of setting up and maintaining a compliant and efficient business structure in the UK. Our experienced team ensures your company adheres to all legal and regulatory requirements, while offering ongoing support to help your business thrive.

• Company Formation: We assist with the complete process of incorporating a new UK company, from choosing the right business structure (Limited Company, LLP, etc.) to registering with Companies House and setting up your company’s statutory records.
• Company Secretarial Services: Our team provides expert company secretarial support, ensuring compliance with UK corporate governance rules. We manage filing requirements, maintain company records, and handle annual returns, ensuring your business remains fully compliant with Companies House regulations.
• Ongoing Compliance & Support: We provide ongoing support to ensure your company remains compliant with UK laws, helping you navigate any changes in regulations, filing deadlines, and corporate responsibilities.

Our ICAEW-qualified professionals make sure that your company’s formation and administration are handled with precision, allowing you to focus on growing your business with confidence.

We offer comprehensive bookkeeping and cloud accounting services designed to help businesses stay organised, efficient, and compliant with the latest regulations. As Making Tax Digital (MTD) compliant, we provide streamlined solutions using industry-leading accounting software, including FreeAgent and Xero.

• Cloud Accounting: We utilise Xero and FreeAgent to provide real-time, cloud-based accounting solutions that allow you to access your financial data anytime, anywhere. These platforms make managing your accounts more efficient and transparent, giving you clear insights into your cash flow and business performance.
• Bookkeeping Services: Our team ensures accurate, timely recording of all financial transactions, from invoices to expenses, to keep your accounts up to date and ready for tax filings.
• MTD Compliance: We ensure your business is fully compliant with Making Tax Digital regulations, providing seamless integration between your bookkeeping and HMRC systems for VAT returns and other tax obligations.
• Ongoing Support: We provide regular support to ensure your accounts are always accurate, helping you stay on top of your finances and making tax reporting effortless.

Our team of professionals will deliver reliable and efficient accounting solutions that support your business growth while ensuring full compliance with UK tax laws.

We offer specialised corporation tax services for UK SMEs, ensuring your business remains tax-efficient and fully compliant with UK tax laws. Our expert team provides tailored advice on a range of tax-saving opportunities, including capital allowances, annual investment allowance, and loss relief.

• Corporation Tax Compliance: We handle all aspects of your corporation tax filing, ensuring that your tax returns are accurate and submitted on time to avoid penalties.
• Capital Allowances: We help businesses claim capital allowances on eligible capital expenditure, such as property, equipment, and machinery, reducing your taxable profits and lowering your overall tax liability.
• Annual Investment Allowance (AIA): We guide SMEs on the use of the AIA, which provides 100% tax relief on qualifying assets up to a set limit, helping you maximise your investment in new equipment and machinery.
• Loss Relief: Our team provides expert advice on loss relief, allowing businesses to offset trading losses against future profits, improving cash flow and providing valuable tax savings.

Our highly trained professionals are committed to ensuring your SME takes full advantage of tax-saving opportunities, reducing your tax burden while ensuring compliance with all relevant regulations.

We provide comprehensive financial and management reporting services, ensuring that your business’s financial health is accurately tracked and compliant with all regulatory requirements. Our team prepares full and abridged accounts for submission to HMRC and Companies House, helping your business stay on top of reporting obligations while offering valuable insights into your performance.

• Financial Reporting: We prepare detailed financial statements, including balance sheets, profit and loss accounts, and cash flow statements, ensuring accurate and timely filing with HMRC and Companies House.
• Management Reporting: We offer tailored management reports that provide key insights into your business’s performance, enabling you to make informed decisions for growth and efficiency.
• Full & Abridged Accounts: We prepare both full and abridged accounts as per your company’s needs, ensuring compliance with UK accounting standards while maintaining transparency for stakeholders.
• Compliance with HMRC & Companies House: We handle the preparation and filing of accounts for your business in line with statutory requirements, ensuring timely submissions to avoid penalties and maintain good standing.

Our ICAEW-qualified professionals ensure that your financial reports are accurate, insightful, and fully compliant with UK regulations.

We offer comprehensive VAT compliance services tailored to the specific needs of businesses in different sectors. Our team ensures full adherence to UK VAT regulations, providing guidance on VAT schemes such as the Flat Rate Scheme, VAT Cash Accounting, Annual VAT Scheme, and sector-specific VAT issues.

• Flat Rate Scheme: We assist businesses eligible for the Flat Rate Scheme, helping determine the correct percentage and ensuring timely and accurate VAT returns.
• VAT Cash Accounting: For businesses opting for VAT Cash Accounting, we provide support in managing VAT payments based on actual cash flow, rather than invoices, to improve your business’s cash management.
• Annual VAT Scheme: We guide businesses through the Annual VAT Scheme, which allows for a single annual VAT return, simplifying the filing process and ensuring compliance.
• VAT Advisory: Our experts provide strategic VAT advisory, helping you optimise your VAT position, reduce risks, and ensure compliance across all aspects of VAT.

Sector-Specific VAT Compliance: We provide VAT support tailored to different industries, including:

• Online Services & E-commerce: We help online businesses understand and apply VAT on digital services, cross-border sales, and online platforms like Amazon or eBay, ensuring compliance with EU and global VAT rules.
• Brick-and-Mortar Retail: For physical stores, we offer guidance on VAT on goods sold, managing VAT on stock, and navigating retail schemes. We ensure your store’s VAT returns are efficient and compliant.
• Other Sectors: Whether you’re in hospitality, construction, property or the professional services sector, we provide sector-specific VAT solutions to meet your unique requirements and optimise your tax position.

Our ICAEW-qualified professionals provide reliable, sector-specific VAT compliance and advisory services to ensure your business remains compliant, efficient, and tax-optimised.

We offer a comprehensive suite of payroll, auto-enrolment, and Construction Industry Scheme (CIS) services, ensuring that your business remains compliant with UK employment and tax laws. Our team takes the hassle out of managing your payroll processes while helping you meet your legal obligations efficiently and accurately.

• Payroll Services: We handle all aspects of your payroll, from calculating employee wages to processing statutory deductions such as income tax, National Insurance, and pensions. Our team ensures that your employees are paid accurately and on time while complying with HMRC requirements.
• Auto-Enrolment Compliance: We ensure your business complies with the auto-enrolment pension scheme, helping you set up and manage employee pension contributions. Our services include assessing employee eligibility, calculating contributions, and submitting the required pension reports to The Pensions Regulator.
• Construction Industry Scheme (CIS): For businesses in the construction sector, we provide comprehensive CIS services, ensuring that contractors and subcontractors comply with the scheme’s requirements. We manage CIS deductions, ensure accurate reporting to HMRC, and help with the processing of monthly statements and year-end returns.
• Real-Time Information (RTI): We ensure that your payroll is filed in real time with HMRC, ensuring compliance with RTI regulations and avoiding any penalties.
• PAYE & Tax Reporting: We take care of all the necessary PAYE and tax reporting, ensuring your business stays compliant with HMRC’s PAYE system and all payroll-related tax obligations.
• Employee Benefits & Compensation Advice: We provide advice on employee benefits, including salary sacrifice schemes, tax-efficient benefits, and other compensation packages that help you attract and retain top talent.

Our payroll professionals ensure accurate and efficient payroll processing, saving you time and ensuring compliance with all employment and tax laws. We offer tailored support to suit businesses of all sizes, providing peace of mind and ensuring you meet all of your legal responsibilities.

We offer tailored tax compliance and planning services for high-net-worth individuals, ensuring that your financial affairs are managed efficiently and in full compliance with UK tax laws. Our expert team provides bespoke solutions to help you optimise your tax position, protect your wealth, and achieve your long-term financial goals.

• Comprehensive Tax Compliance: We handle all aspects of tax compliance, ensuring your tax returns are accurately filed and submitted on time. This includes personal income tax, capital gains tax (CGT), inheritance tax (IHT), and other tax obligations specific to high-net-worth individuals.
• Tax Planning Strategies: We work closely with you to design tax-efficient strategies, focusing on wealth preservation and minimising tax liabilities. Whether it’s utilising tax exemptions, allowances, or optimising investment portfolios, we ensure your wealth is protected.
• International Tax Planning: For individuals with international assets or multiple residencies, we offer cross-border tax planning, taking into account UK tax laws and relevant double taxation agreements (DTAs).
• Capital Gains Tax (CGT): Our team helps minimise CGT liabilities through tailored planning and structuring of asset disposals, ensuring the most tax-efficient approach to realising gains.
• Wealth Structuring & Trusts: We assist with the establishment and management of trusts and other wealth structures, providing long-term solutions for wealth preservation and reducing tax liabilities.

Our ICAEW-qualified professionals deliver discreet, expert advice, providing high-net-worth individuals with peace of mind knowing that their financial and tax matters are in capable hands.

Our expert team provides specialised pre-arrival and departure tax planning services for individuals moving to or from the UK. We help you navigate the complexities of UK residency rules, remittance basis taxation, and the new tax system for foreign income and gains coming into effect in April 2025. We also offer guidance on split-year treatment to ensure your tax position is optimised during your transition.

• Pre-Arrival Planning: We assist individuals moving to the UK by providing strategic advice on how to structure their finances before arrival, ensuring tax efficiency regarding foreign income, assets, and any pre-existing tax liabilities. We help you plan for the best tax position based on your residency status.
• Departure Planning: If you are leaving the UK, our team provides guidance on the tax implications of departure, including the potential to claim non-UK residency status and the impact on worldwide income. We also advise on the most tax-efficient ways to exit the UK tax system.
• Remittance Basis Taxation: We provide detailed advice on the remittance basis of taxation, allowing non-domiciled individuals to only pay tax on UK income and gains, plus any foreign income and gains they bring (or “remit”) to the UK. We help you determine if this is the right option for you and how to optimise your tax position under this regime.
• Foreign Income & Gains – New System (April 2025): We ensure you understand the implications of the new UK foreign income and gains system, which comes into effect in April 2025. We help you manage how income and gains from abroad are taxed and identify opportunities for tax optimisation based on your residency and domicile status.
• Split-Year Treatment: We offer expert advice on split-year treatment, which allows individuals to be treated as non-resident for part of the year based on their arrival or departure from the UK. This can significantly reduce your UK tax liabilities for the period when you are not considered a UK resident.

Our team of professionals provide tailored, proactive tax planning, ensuring that your arrival in or departure from the UK is handled in the most tax-efficient manner possible.

We offer specialised tax compliance and advisory services for employees receiving Restricted Stock Units (RSUs) or other share-based compensation. Our team ensures you fully understand the tax implications of your share-based remuneration, helping you manage your tax liabilities and maximise the benefits of these awards.

• RSU Taxation Advice: We provide expert guidance on the taxation of RSUs at each stage of vesting, including the taxable event when shares are received and any potential capital gains tax (CGT) on future sales.
• Tax Planning for RSUs: We help you plan the most tax-efficient strategy for your RSUs, advising on when to sell or hold shares to optimise tax outcomes. This includes considering the impact of income tax, CGT, and the timing of disposals.
• Compliance with HMRC Regulations: We ensure that all RSU-related income is correctly reported on your tax return and that you comply with HMRC’s rules for share-based remuneration. Our team assists in completing the relevant sections of your self-assessment return and handling reporting requirements.
• International Considerations: For employees with RSUs who are working internationally or have cross-border tax obligations, we offer advice on double taxation relief and international tax treaties to avoid being taxed twice on the same income.
• Tax Efficient Strategies: We advise on strategies to manage tax liabilities arising from RSU vesting events, including making the most of tax-free allowances and tax-efficient investments to minimise your overall tax burden.

Our team ensures that you navigate the complexities of RSUs with ease, providing proactive tax planning and compliance services tailored to your individual circumstances.

We provide expert services for Annual Tax on Enveloped Dwellings (ATED) returns, ensuring compliance with UK tax laws for individuals and entities holding residential property valued above the ATED threshold. Our team offers comprehensive guidance to minimise your tax liability and ensure accurate filing with HMRC.

• ATED Compliance & Filing: We assist with the preparation and submission of your ATED return, ensuring that all necessary information is provided and deadlines are met to avoid penalties.
• Exemptions & Reliefs: We help identify available reliefs, including those for development properties, properties used for commercial purposes, or properties that may qualify for annual relief.
• Minimising ATED Liability: Through careful planning, we provide strategies to potentially reduce your ATED liability, ensuring that the return is as tax-efficient as possible.
• Ongoing Support & Advice: We offer ongoing support to ensure continued ATED compliance, advising on changes in tax laws or property values that may impact your ATED obligations.

Our ICAEW-qualified professionals provide thorough, proactive assistance with your ATED returns, ensuring you meet your compliance obligations while optimising your tax position.

We provide expert Making Tax Digital (MTD) compliance services to help businesses meet the new digital tax requirements set by HMRC. MTD is a key initiative that requires businesses to keep digital records and submit tax information electronically to HMRC. Our team ensures your business is fully MTD-compliant, making the transition seamless and efficient.

• MTD for VAT: We guide businesses through the MTD for VAT process, ensuring that your VAT returns are submitted digitally to HMRC via compatible software. This includes helping you select the right software (such as Xero or FreeAgent) and ensuring your VAT records are compliant.
• MTD for Income Tax: For sole traders and landlords, we provide support in preparing for the upcoming requirements for MTD for Income Tax Self-Assessment (ITSA), ensuring that your digital records are in place and that your tax returns are filed electronically.
• Software Selection & Integration: We help you choose and integrate the most suitable MTD-compliant software for your business. Our team works with you to set up and maintain systems that automatically generate and submit tax information to HMRC.
• Ongoing MTD Support: Our experts offer ongoing assistance, ensuring that your business remains compliant with any future changes to MTD regulations. We provide troubleshooting, updates, and advice to keep your processes running smoothly.
• Tax Digitalisation Strategy: We help businesses leverage the MTD initiative to improve overall tax processes and record-keeping. Our team offers insights into how MTD can streamline your operations, reduce errors, and improve efficiency in tax filings.

We ensure your business remains compliant with the latest MTD regulations, saving you time, reducing errors, and ensuring accurate and timely submissions to HMRC.

We offer comprehensive company startup accounting services designed to guide new businesses through the financial and regulatory complexities of starting up in the UK. Our team of experts ensures that your financial foundations are set up correctly from the outset, enabling you to focus on growing your business with confidence.

• Company Formation & Registration: We assist with the setup and registration of your company, ensuring compliance with all legal and regulatory requirements, including registration with Companies House and HMRC.
• Bookkeeping & Financial Records: We provide essential bookkeeping services to ensure accurate and up-to-date financial records, enabling you to track cash flow, manage expenses, and understand your business’s financial position.
• VAT Registration & Compliance: If applicable, we guide you through the process of VAT registration and ensure compliance with HMRC’s VAT requirements. Our team can advise on the best VAT scheme for your business, helping you manage VAT returns and filings.
• Cash Flow Management: We help you manage your cash flow, ensuring you have a clear understanding of income and expenditure and enabling you to make informed decisions for business growth.
• Tax Planning & Compliance: Our experts offer tax planning services, ensuring that your new business is fully compliant with UK tax laws and is taking advantage of any available reliefs, such as Annual Investment Allowance (AIA) or capital allowances.
• Financial Reporting & Management Accounts: We help prepare management accounts and financial reports to give you clear visibility into your company’s financial performance, enabling you to make strategic business decisions.
• Ongoing Support & Advice: Our team offers ongoing support as your business grows, ensuring that you stay on top of accounting obligations and receive timely advice to optimise your tax position and financial management.

With ICAEW-qualified professionals, we ensure that your startup’s accounting needs are fully managed, allowing you to focus on building your business with confidence and compliance.

In addition to our core offerings, we provide ad-hoc tax and accounting services to meet the unique needs of your business or personal financial situation. Whether you require one-off support or occasional expert advice, our team of ICAEW-qualified professionals is here to assist with a wide range of services to help you navigate complex tax and accounting challenges.

• Tax Investigations & Enquiries: If you’re facing an HMRC investigation or enquiry, we offer expert assistance to resolve issues, negotiate settlements, and reduce potential penalties. Our team has extensive experience managing tax investigations and defending clients during inquiries.
• Capital Gains Tax (CGT) Advice: We provide one-off consultations on CGT liabilities, offering advice on asset sales, restructuring, or tax-efficient strategies for disposing of property, shares, and other investments.
• Financial Troubleshooting & Restructuring: Whether you need to restructure your business or address specific financial issues, we offer expert advice on how to navigate financial difficulties, improve cash flow, or plan for the future.
• Tax Mitigation & Optimisation: We help identify opportunities for tax mitigation, providing advice on how to reduce tax liabilities through smart planning, use of allowances, exemptions, or restructuring your finances.
• Non-Standard Tax Returns & Filing: For complex tax situations—such as international income, non-domiciled status, or property portfolios—we offer tailored tax filing services to ensure compliance and minimise your tax burden.
• Mergers & Acquisitions Advice: We provide advice and support for businesses undergoing mergers or acquisitions, ensuring tax-efficient structuring, proper valuation, and compliance with accounting standards during the transition.
• Advisory on Special Projects: From launching new business ventures to handling specific financial reporting requirements, we provide ad-hoc advisory services on special projects, ensuring your business or personal finances are in the best possible shape.

Our ad-hoc services are flexible and tailored to your specific needs, offering the expertise you require to handle complex financial or tax matters efficiently. Whether it’s for an urgent query or a special project, we’re here to support you every step of the way.