Tax

Our team can assist with all aspects of personal tax and will tailor our advice to your personal circumstances. From self assessment and capital gains tax returns to the Let Property Campaign, we will ensure you remain compliant with the tax rules whilst providing you with year-round advice to help you become more tax efficient.

As companies grow the requirement for specialist tax advice becomes greater. From allowances and reliefs, to more complex compliance such as corporate interest restrictions, quarterly installment payments and controlled foreign companies, Cowgills can advise on it all to ensure your business remains compliant.

In every deal, whether it be acquiring, disposing, or restructuring a business, tax needs to be considered. That's why it's important to involve our experts before you act and during the transaction process. We help spot and resolve tax issues to help get the deal over the line. Cowgills can provide vendor assistance on tax due diligence and undertake buy-side tax due diligence on target acquisitions. We can work out solutions to tax issues in your transaction so that your deal runs smoothly and minimise the impact on value.

Effective inheritance tax (IHT) planning means you can help protect you and your family now and in the future. IHT planning can be complex but with expert advice from our team, you can be assured that you are in safe hands.

Whether it will be checks into your business accounts or your own personal tax affairs, we can provide you with expert advice throughout an HMRC investigation.

VAT is a complex and ever changing field. Our team can help with a wide range of issues from simple VAT queries to complex property transactions, partial exemption, structuring and product liability queries (amongst many other areas). We are also experts on all things making tax digital, tax within finance systems and tax technology.

We assist companies in motivating, retaining and rewarding their key staff members. Whether that be via EMI options, CSOPs, Growth Shares, Flowering Shares or Phantom Plans, we take the complexity out of employee incentives — so you can focus on long-term success, not paperwork.

From identifying qualifying R&D activities to submitting a robust claim, we help you navigate the R&D tax relief process with confidence and clarity. Our ongoing relationship can ensure systems are implemented to help keeping track of qualifying activities and costs, making the process simpler for your business.

Our team has 20 plus years' experience in assisting clients on maximising the tax reliefs available for developers, owner occupiers and investors on construction and refurbishment projects. This includes capital allowances on plant, machinery and fixtures together with the additional reliefs for remediating contaminated land & buildings. The team is always available for a no obligation chat to discuss particular projects at any stage of completion.

From valuing your business, to securing HMRC clearance and guiding you through every step of a transition to an Employee Ownership Trust model. We can assist before, during and after the transaction to help navigate the tax legislation, the benefits it offers and its interaction with employee-owned companies.

The Indirect Tax implications within international trade and international supply chains became significantly more complex post Brexit. This complexity is only increasing with instability and uncertainty created by a combination of international conflicts, and major nations looking to reset their trading relationships. Our team can help to reduce irrecoverable duties, as well as advise on the impact of the complex customs and international trade rules on supply chains. Further, alongside our international network, we advise on indirect tax matters across the globe.

The tax landscape is evolving as the UK government seeks to increasingly affect consumer behaviour through the use of indirect taxes and levies on, for example: energy (Climate Change Levy), the use of plastics (Plastic Packaging Tax), commercial waste (Landfill Tax) and construction (Aggregates Levy). We have significant experience supporting businesses with compliance responsibilities across all of these areas.

On the other side of the table, the UK government is mindful of the significant impact on energy intensive businesses of the carbon taxes and network charges levied within the energy supply chain. We support many energy intensive businesses to significantly reduce energy bills by gaining access to reliefs for these levies and charges.