ESATA areas of speciality include:

EXPATRIATE MATTERS

Assignments outside of the UK

•     ASSIGNMENT STRUCTURE - provide an overview of the tax and Social Security regime of the host country to advise the employer and employee on structuring the assignment to maximize tax saving opportunities.  This may be achieved by ensuring a claim of any special tax breaks for expatriates and the use of double tax treaty relief;
•     TAX RETURN - preparing UK tax returns and dealing with UK tax matters from the date of departure.  Also, dealing with or coordinating the preparation of any necessary non-UK Tax Returns;
•     RENTAL INCOME - obtaining exemption from UK tax withholding on rental income

Assignments to the UK

•     TAX SAVING IDEAS - advice on the feasibility of implementing UK tax saving ideas on accommodation, relocation costs and timing of awards of employer stock or options.  Planning on all of these has the potential to substantially reduce tax and social security costs;
•     PENSION PLANS - review Overseas Pension Plans and where appropriate prepare documentation to claim deductibility for UK tax purposes under Corresponding Acceptance rules;
•     TAX EQUALIZATION - provide a detailed report of the UK tax and Social Security arrangements for employees coming to work in the UK.  The report may include advice on whether to tax equalize or tax protect the employee on employment income;
•     WORK PERMITS - assist employers with immigration requirements coming to work in the UK.

General Planning

•     RESIDENCE AND DOMICILE - advice on residence and domicile status.  Careful planning of this can provide significant tax saving opportunities.  For example, in appropriate cases, separate employment contracts will result in substantial tax savings;
•     LENGTH OF ASSIGNMENT - advice on the structure and timing of the assignment to maximize any tax breaks in the home and host countries.  For example, in the UK, the basis of taxation is significantly different for Short, Medium and Long Term assignment periods;
•     MEETINGS - departure and arrival meetings with the individual and preparation of the requisite UK arrival and departure forms;
•     SOCIAL SECURITY - Review contractual arrangement to determine whether to pay home or host country contributions.  As appropriate, prepare application for E101 and Certificates of Coverage;
•     REMITTANCES - advice to non UK domiciled individuals on appropriate remittance structures and overseas banking arrangements to avoid UK taxation on non-employment income and capital gains.

UK SELF ASSESSMENT

Employee Services

•     RETURN PREPARATION - completion of UK personal tax returns, including tax calculation and advice on due date of tax payments;
•     TAX CODES - dealing with all Inland Revenue correspondence to ensure your personal tax affairs are fully compliant and Tax Coding arrangements;
•     TERMINATION PAYMENTS - advice on employment termination arrangements to obtain maximum tax relief.  Total exemption or tax reduction may be available.  This is of particular significance where the employee has worked outside of the UK or the employee is a non-UK national.

Employer Services

•     PAYE COMPLIANCE - advice to employers on PAYE compliance matters including P11D's, PAYE Settlement Agreements (PSA's), Expenses & Benefits Policies and Dispensations;
•     PAYROLL - advice on all payroll arrangements including setting up PAYE schemes and advice on completion of forms P35;
•     TERMINATION PAYMENTS - review contractual arrangements to ensure tax effectiveness of PILON payments.  Also advice to comply with PAYE deduction and reporting requirements.

Self-Employed Individuals

•     SELF-EMPLOYED ACCOUNTS - preparation of self-employment incoming and expenditure accounts, including advice on deductible expenditure and capital allowance claims;
•     IR35 - review of the employment terms of contractors to advise on whether the arrangements will be regarded by the Inland Revenue as self-employment or come within the IR35 provisions.  We may also be able to assist with alternative contract arrangements;
•     PENSION PAYMENTS AND LOSSES - advice on effective use of trading losses and special deductions such as pension payments.

All Individuals

•     CAPITAL GAINS - advice to individuals on Capital Gains Tax.  This includes planning to fully utilize exemptions available in regard to property transactions and effective use of claims for taper relief on business and non-business assets;
•     RENTAL INCOMING - preparation of income from property statements and appropriate advice.  This would include tax advice on Buy-to-Let, Holiday Lettings, Furnished and Unfurnished lettings.  We are also able to advise on non-resident landlord provisions and file applications to eliminate the deduction of basic rate tax from rental payments.