Tax FAQs

The following are some of the most frequently asked questions about tax.

To find out the answers, simply click on any of the headings below.

If your query requires further information, please contact Paul Christian on 0191 204 4281.

1. What does a tax lawyer do?

2. Do you sell tax avoidance schemes?

3. I’m being investigated by HMRC. Can you help?

4. The government has wasted enough of my money and I don’t want to give them any more. Can you help me avoid paying tax from now on?

5. I’ve already got an accountant. Why do I need a tax lawyer?

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1. What does a tax lawyer do?

We structure businesses and transactions to make sure as little tax as possible is paid.

We spend a lot of time looking at company sales, investment structures and property transactions. We look at corporation tax, income tax, capital gains tax, PAYE, National Insurance, VAT, stamp duty and stamp duty land tax.

We don’t just specialise in one area of tax, so we can advise you on the interaction of the different taxes to make sure you don’t pay too much of one tax while making a saving in another.

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2. Do you sell tax avoidance schemes?

No, we do not sell schemes. We give individual advice for your particular circumstances.

However, if someone else offers you a tax avoidance scheme, we can look at it and talk you through whether the scheme might be suitable for you.

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3. I’m being investigated by HMRC. Can you help?

If your issue is to do with numbers rather than legal principles then you will be better off with an accountant.

We provide tactical and technical advice to guide you through the process of the investigation.

Inspectors can sometimes take a bullish approach, relying on general guidance in their manuals. We focus on the detailed provisions of the law so you know when to fight and when to reach an agreement.

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4. The government has wasted enough of my money and I don’t want to give them any more. Can you help me avoid paying tax from now on?

Not really. We can help you pay the right amount of tax but we can’t help you cheat.

We can structure your activities to in the most tax-efficient way but that often involves changing what you do rather than just dressing it up differently.

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5. I’ve already got an accountant. Why do I need a tax lawyer?

As specialist tax lawyers we advise people on how best to structure their activities so as to pay the least amount of tax.

Accountants are generally involved in the day to day tax affairs of a business rather than strategic planning although of course some accountants do specialise in tax planning and are very good at it.

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