Obsidian Tax Information

Obsidian Tax offers a new concept in tax consultancy. Our purpose is to guide businesses and high net worth individuals safely through the maze of complexity that today’s tax system represents. In so doing we want to ensure that clients’ commercial objectives can be achieved with the minimum tax cost. Without the right advice even simple transactions can give rise to unintended tax cost. As well as containing myriad pitfalls the UK tax code also includes an abundance of reliefs, concessions and exemptions available to anyone willing to meeting the conditions that need to be satisfied to qualify. As part of our work, we steer companies and individuals in the direction of any tax relief that they may be due. Whether someone is starting, selling, expanding or investing in a business, looking to pass on their wealth, providing for retirement, resolving business conflicts, restructuring a company or group of companies, incentivising employees, as well as in a host of other commercial situations, we can ensure the objective can be achieved with the minimum tax cost intended by the law makers. Our team has a wealth of experience spanning all principal UK as well as international tax matters. In addition, over many years we have built a network of barristers (mainly tax counsel), lawyers, accountants, specialists in niche areas (transfer pricing, R&D, capital allowances and others) valuation experts and other relevant professionals – as well as people inside HM Revenue and Customs (HMRC). We have structures enabling us to call on the expertise and skills within this network as and when needed. The more complex matters on which we advise will usually involve prior agreement with HMRC in the form of a statutory or non-statutory clearance where that option is available. We are primarily a business to business operation, providing our advice to the clients of firms of accountants, lawyers, IFAs and other intermediaries using a clearly defined approach.