Do you do business overseas? Are you planning to set up a business in the UK? If so, how much of your profit is eroded by direct or indirect tax charges? And how much senior executive time is taken up with meeting tax reporting requirements?
Almost without exception, the single biggest cost attaching to any international transaction will be tax. Despite an increasingly rigid fiscal environment internationally, smart people, whether corporate entrepreneurs or high net worth individuals, realise that there are many ways in which effective international tax structuring can add to the bottom line by reducing this cost.
International tax planning is not just about reducing global tax burdens or tax compliance costs. It affords business the opportunity to look in detail at their business model and to identify cost reductions.
Our International Tax team has been praised by clients for providing comprehensive, easy to understand international tax advice, combining value for money with technical excellence and top class service. Above all, the quality of the relationships we have with our clients is paramount. We want to be an essential part of the team.
The fast growth of our International Tax team is underpinned by two vital ingredients:
- Superb tax knowledge
- Broad international experience
Our clients are international entrepreneurs, many based abroad with expanding foreign businesses, and high net worth individuals. Many of the transactions on which we have advised do not involve the UK in any way. Even for UK clients however, this has bred an international approach to business and a genuine ability to understand the demands, priorities and outlook of clients with cross-border interests.
In summary, our ethos is very simple:
Establishing and maintaining the very best relationships with our clients, based on mutual respect and integrity, is our top priority. We therefore support transparency on fees and will fee quote at the beginning of an undertaking. We have also been complimented for providing international tax advice which is not only technically excellent but also readily understood by the layperson. Our approach is that of a one stop shop - we include both UK and foreign taxes and the way they interact in the same report.
Clearly, no foreign activity should be undertaken without obtaining international tax advice on a case-by-case basis.