Our Services
International servicesAn overseas business establishing an operation in the UK for the first time faces many challenges. There will be logistical issues to consider and it will also be necessary to identify the differences from the home market, not least of which will be the size and nature of the market itself and the less apparent legal and cultural differences. In addition, there are a whole set of new reporting and compliance obligations including registration with tax and other authorities; payroll compliance; and the maintenance of accounting records. What factors will I need to consider? Here are just some of the questions you might have: - What is the most suitable UK structure for the business?
- Who do I have to notify?
- What are the tax compliance issues?
- What other obligations do we have?
- What do we need to do in respect of our employees?
How can Stern & Company help? At Stern & Company we can assist businesses setting up in the UK in three ways. Firstly, we can assist in advising on and implementing the most appropriate structure for your proposed UK activity and, secondly, we can provide customised support to take away the compliance burden, particularly during the early stages of your business when your UK resources will be limited, thereby allowing you to focus all your energies on building up your business. Thirdly, we can help develop tax efficient remuneration packages for expatriate employees coming to work in the UK. Our firm-wide commitment to, and understanding of, growing businesses; our knowledge of the local market place; and our personal and commercial approach makes us the ideal partner to assist you with setting-up in the UK. We understand the importance of proper tax planning, and to help you minimise your tax liabilities, but we don't let the tax tail wag the commercial dog.We fully recognise the importance of tax in commercial decision-making, and can work with you to provide the most practical and appropriate solutions to the tax issues which constantly arise in business life. However, of equal importance, we also recognise that businesses take commercial decisions and that tax issues are merely one of many considerations, although an important consideration, in reaching those decisions. Whether you are looking to minimise tax on business, corporate or property sales and acquisitions, or to restructure, finance or reorganise your business or to incentives your employees tax-efficiently, our experience is available to help you manage the tax implications as effectively as possible. In addition, we have experience in advising clients on a wide range of transactions and tax issues, including:- - stamp duty mitigation and VAT advice, in particular, in relation to property acquisitions and disposals;
- advising employers and employees on structuring settlement agreements tax-efficiently;
- personal tax planning (with particular emphasis on maximising the availability of business taper relief); and
- establishment of, and advisory work in relation to, employee share schemes, including related share valuation issues - see also Employee Incentives.
We also produce a number of publications on tax issues affecting businesses. Tax incentives available in enterprise areas may make the purchase of commercial properties in such areas more attractive to investors and developers. Further details of the exemptions are available on our web site, and show the extent to which these areas will benefit.Business Support Services - Outsourcing your accounting and finance functionInward investment, start-up, technology, and established businesses need the time and resource to concentrate on their core activities. Outsourcing the accounting and finance function to our Business Support Services department can help... ...release the time and resource for building up your business. We understand the pressures management is under and for this reason we have developed systems for taking away the burden of compliance chores leaving you to deal with core activities. The Business Support Services department is made up of a dedicated team of accounting professionals ready to take on the responsibility of being your 'accounts department'. Each business is unique and may require specific accounting solutions which we are able to provide. Menu approachBy using our menu approach we can tailor make a service with a pricing structure to match.If you are already established in the UK you can choose from the following services:- book-keeping
- purchase ledger
- sales ledger
- nominal ledger
- fixed asset register
- payroll administration
- P11D benefit forms
- VAT returns
- payment processing
- electronic BACS payments
- cash management
- management accounts
- financial reports
- cost centres
- head office reporting
- statutory accounts
or if you are contemplating setting up in the UK we can also help with the following:- advice on structure
- payroll (PAYE) registration
- value added tax registration
Peace of mindYou will have the comfort of knowing that the services you have chosen will comply with all legal and regulatory requirements and will be delivered on a timely basis and in a professional manner. Of course you will be able to access the full range of entrepreneurial business services and advice offered by Stern & Company in the UK.The Business Support Services department is used to dealing with local and international issues and its philosophy is not only to provide an outsourcing function but also to add value to your business wherever possible. We aim to work in partnership with our clients in order to achieve mutual goals. Interested? Then talk to one of the team!
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