Business Taxes

Shorts have more expert tax advisers than any independent firm in our region. We pride ourselves in continually discovering significant tax planning opportunities that others overlook.

Business Taxes

Business taxes service logo

The Shorts tax department has been absolutely fantastic – very proactive to any changes in law and saved our company a lot of money in terms of Corporation Tax paid.

Ashley Holmes, Penny Hydraulics Limited

The Shorts Business Tax team wants to get to know your business and its goals, so we can make tax work to your advantage.

Our team is experienced, strategic, and proactive, and our goal is not just to help your business survive and meet compliance, but to help it grow and thrive.

Doing business taxes differently

The traditional approach to business taxes focuses on compliance and little more than that. Compliance is crucial, but strategic tax planning can do so much more, both now and for the future.

This is where the Shorts holistic approach to tax comes in. By digging deep to understand your goals, we will present a strategic approach to your business taxes ensuring you can achieve your objectives in a tax efficient manner.

Our team takes the time, listens, and develops a complete understanding of your business, to create a strategy to make your business as tax efficient as possible. Your aspirations will inform your bespoke tax plan.

What we do

  • Tax Planning
  • R&D Tax Reliefs
  • VAT
  • HMRC Tax Investigations
  • Business Asset Protection

Tax Planning
for Business

Our expert tax team make business tax planning not an endurance but an opportunity. By digging deep to understand your goals, we will present a strategic approach to your business taxes ensuring you can achieve your objectives in a tax efficient manner.

Our team of 14 Chartered Tax Advisers is the largest in the region and this range of business tax together with the quality of insight and advice we offer makes us truly unique.  We are highly experienced in providing businesses with all the tax advice they need.

R&D Tax Reliefs

R&D Tax Reliefs

Whether your company is big or small, old or new, or makes a profit or loss, you may be able to reduce your corporation tax bill or receive a payable cash credit. R&D Tax Relief is one of the most significant government-backed reliefs available today, but many companies do not realise they qualify.

The Radius team at Shorts does R&D Tax Reliefs properly. Robust R&D Tax Relief claims, prepared and maximised by specialists with minimum disruption to you.

VAT

VAT
Consultancy & Planning

Every individual, company or partnership is affected by the complex rules of VAT on a daily basis.  However, it is probably fair to say, that VAT remains the least understood of all taxes. Which is why we set up our specialist VAT advisory department; here to help guide you through the complex maze of VAT legislation.

Our team help with all areas of VAT from relatively basic issues such as initial registration, the completion and submission of VAT returns and advice on how to correct errors and mistakes, through to more complex issues such as assessments, control visits, cross border transactions and DIY house builds.

Within our VAT team are professionals with extensive experience of providing VAT planning advice on commercial property transactions and we have a proven track record in helping our clients structure these to minimise the impact on cash flow.

Whatever your VAT query, our expert team are here to help.

HMRC Tax Investigations

HMRC Tax Investigations
Support

HMRC investigations can be disruptive, intrusive, and expensive. The process can drag on for a year or more, creating mounting costs and rocketing stress levels, even if there has been no wrongdoing.

For a small annual fee, our Tax Investigation Service will defend you, managing the entire conversation with HMRC and translating the many complicated questions they may ask.

We will help you submit any required information, and minimise the impact on your business or personal life.

What’s more, through our partnership with Professional Fee Protection, our costs incurred defending you against HMRC will usually be covered up to £100k at no extra cost to you.

Business Asset Protection

Business Asset Protection
Holding Company

A holding company can be used to hold the valuable assets of a business such as property, equipment and cash. It protects your assets, helps you share costs, and brings tax benefits to your business.

We have inserted holding companies for a number of our clients to protect a range of assets including property, plant and machinery, cash, intellectual property and investments from the risks of a trading company.

To find out more, speak to our Business Taxes team today.

Tax Planning

Complete business tax planning, strategy, and compliance

Our business tax team provides your business with decades of experience across all areas of tax planning, strategy, and compliance, including:

  • Tax efficient profit extraction for business owners
  • Rewarding and incentivising key staff, including share schemes
  • Tax efficient business structures, and asset protection
  • Corporation tax planning, reduction, and reliefs (incl. R&D and Capital Allowances)
  • HMRC enquiry assistance
  • Tax efficient succession planning
  • Corporate transactions (buy and sell side, including tax due diligence)
  • Employee Ownership Trusts
  • International tax planning
  • Setting up in business in the UK
  • VAT and Stamp Taxes
  • Property tax planning and structures
  • Business tax compliance

Our team of Chartered Tax Advisers is the largest of any independent firm in the region. By marrying the best insights and advice with the broadest range of specialisms, we believe our business taxes service is uniquely positioned to help you and your business succeed.

What our tax clients say about us

Testimonials

Shorts are excellent at spotting opportunities. It’s part of the relationship where Shorts come back to me and say "do you know about this?"

Stuart Murphy
Rollem Patent Products Limited

The R&D and capital allowances work we did in the last financial year with Shorts saved the Company a six-figure sum in Corporation Tax.

Ashley Holmes
Penny Hydraulics Limited

Shorts keep Vivid up to date with the latest legislation and are very eager to save us money where possible with tax planning. We’ve also benefitted from using Radius and will continue to do so.

Gerry Arcari
Vivid Creative Limited

Whether your challenge relates to compliance or planning, our Business Taxes team is looking forward to hearing from you.

Let's talk tax!