"...I am so grateful for your very efficient work on this, and most impressed with what you have achieved. I have already been recommending you to my friends..."

(Unsolicited and verifiable written client quote)

(Click here for more client quotes and testimonials)

(Click here for more client quotes and testimonials)

© 2002-2019 Professional 2U Limited. All rights reserved.

 The contents of this website are the intellectual property of Professional 2U Limited. Accountant 2U ® is a registered trademark No.2388286.

 The Accountant 2U Direct name and logo and all related service names are the trade names, trademarks or servicemarks of Professional 2U Limited.

 Registered with HMRC as agents.

 Accountant 2U Direct is the trading name of Professional 2U Limited. Registered in England No. 04442461. VAT No. GB-784-4138-09. 

Terms of Use      GDPR privacy Notice      EU Directive

Join the 100's of highly satisfied clients all around the UK who receive a friendly personalised service all year round

Limited company formation services

A fast track & individually tailored service

(click here)

Small business start up and structuring advice

We can help you achieve your entrepreneurial ambitions and expertly structure and manage your Tax & Accountancy responsibilities.

Fast track transfer

We can contact your existing accountants to arrange a professional transfer.

 "...I have been extremely pleased with the efficient and friendly service you offer, and it's nice to do business with someone you can trust..."  

(Unsolicited and verifiable written client quote)

(Click here for more client quotes and testimonials)

Home About us Contact us Our fixed fees All in one fixed fee packages Tax consultancy services Technical centre Bespoke services Client service policy


Examples of our experience

These are a small and varied selection of how our expertise has helped taxpayers all around the UK:

Contractual structures

The new owners of a family company were in dispute with the people who had sold them the shares. Eventually, the two sides agreed that to settle the matter, the previous owners would waive the sum of £75,000 they were owed by the company. Our consultant was asked to comment on the tax consequences of this agreement, and he advised on a different way to achieve the same result, which had the following tax benefits:

Tax investigations

A pub had been under investigation for 18 months, and the tax inspector was demanding an increase of over £13,000 in the profits for the year. He claimed to have “information” about unrecorded cash, and had also produced an analysis of the takings that he claimed showed that the pub must be understating its sales. A letter was drafted to the inspector challenging him about his “information” and demonstrating that the analysis of the takings was based on incorrect principles. The inspector replied by agreeing to close the enquiry down and accept the accounts as submitted.

Shareholder deals

A family company was in difficulties, and two of the five shareholders had agreed to buy the other shareholders out. The company’s accountants estimated the tax cost would be about £65,000. Our consultant was asked  if there were any planning ideas that would reduce this and suggested a way to restructure the deal so that there was no tax to pay and the shareholders being bought out were left with tax losses of nearly £250,000 to offset against future capital gains.

Compromise agreements

A director and shareholder of a medium sized company had an employment related dispute with the company. A compromise agreement with a termination payment was proposed for the purchase of the shares and in settlement of any claim. We were called in at an early stage and advised on how the termination payment could be re-structured and worded to strengthen any challenge on the £30k exemption and also reduce income tax and NIC to save an estimated £25,000.

Corporate property disposals

An owner managed company had its premises compulsorily purchased by the local authority. One of our tax consultants was personally asked to advise on the choices open to the directors, and produced a report showing how they could either continue in business and pay no corporation tax on the sale of their premises, or alternatively, pay corporation tax at 19% on the profit from the sale and then close the company down and extract the cash from the sale at no tax cost.

Tax on employee share schemes

An employee exercised EMI share options and also disposed of a block of shares held in his employers company. We were appointed to advise of any relief's available and to advise on the various disposal selections the employers scheme provided. Our consultants were able to demonstrate how the issued loan notes deferred some of the gains and that the income tax and capital gains tax liability was £Nil. Taper relief and allowances were maximised. Specific wording was required on the self assessment form.

Inheritance tax on business property

A family partnership had several investment properties as well as a trading enterprise, and were worried about inheritance tax upon death. An estimate of the inheritance tax liability was around £400,000. Our consultant was able to demonstrate how the business could be restructured so that the estimated Inheritance tax liability was reduced by £340,000.

Capital gains tax on a second property

A property investor with a number of properties had purchased a potential second residence a number of years ago. No main residence election had been made and any election was now out of time. Accountant 2U Direct were appointed to advise on reducing the estimated £35,000 of capital gains tax that would arise upon the disposal of the this property. We devised a strategy that when implemented would reduce the tax liability to £Nil.