DFK UK & Ireland Services
An indication of the range of services provided by DFK UK & Ireland firms is provided below. In addition to a comprehensive range of expert services for businesses and private individuals, specific assistance is also available for both organisations wishing to establish operations overseas and those wishing to develop further established overseas operations. Full details of our services are available from member firms.
The keystone of business assurance is the statutory audit and around that a comprehensive range of services are provided to all types of organisation. Additional services include: internal audit; risk management; management accounts, dealing with VAT Returns, payroll services and bookkeeping, as well as the preparation of annual accounts for tax purposes and corporate secretarial services.
Management accounting services are delivered on a monthly or quarterly basis and can provide clients with a fully outsourced finance function. This enables clients to concentrate on building their business without the need to employ and manage their own finance personnel.
DFK UK & Ireland member firms also have the technical resources to undertake a wide range of specialist and regulated audits, including those for charities, housing associations, pension schemes, legal practices, GP practices and businesses regulated by the Financial Services Authority.
Advice and assistance is also provided in relation to risk management and corporate governance; specialist internal audit services are also available.
Corporate Tax – UK & International
We advise on all areas of business taxation both in the UK and internationally. Our specialists are skilled in negotiations with the various tax authorities and advise on investigations by the Inland Revenue and HM Customs & Excise. The tax authorities are undertaking more investigations and dealing with such matters can be costly for clients; special insurance is available to mitigate the costs of dealing with such enquiries.
Our specialists are skilled in tax planning to minimise liabilities for all sizes of businesses; we have expertise available in both direct and indirect taxation. We advise on matters including:
- corporation tax
- capital gains tax
- capital allowances
- group tax structure
- International taxes, including transfer pricing
Corporate transactions require careful planning to ensure that full use is made of tax losses and any other available reliefs. We have the resources to deploy appropriate personnel to provide commercial and timely assistance in order to meet the tightest deadlines.
Owner managed businesses are a particular area of specialism and our approach is structured to ensure that the needs and objectives of both the business and its shareholders are considered when giving advice. Our advice includes ongoing assistance for the business and specialist assistance with exit strategies for shareholders wishing to extract value from the business.
Employee benefits can be used to enhance employee recruitment and retention. However, the rules and regulations applying to such benefits are complex and it can be costly if the rules are breached. We are able to advise on all forms of benefits including the creation and operation of the various share schemes that give employees a stake in the business.
We can help with business planning, and negotiate with banks and other sources of funds to raise capital. We have extensive financial modelling and database facilities and have successfully completed many fundraising assignments for clients. We advise and assist with budgets and cash flow projections and can carry out investigations into specific matters as required. Due diligence investigations and associated reports are regularly provided.
Member firms have considerable experience of undertaking complex due diligence and other investigations, preparing and taking companies to securities markets, initiating and advising on merger, acquisition and disposal transactions, raising finance and undertaking share valuations. Specialists regularly advise on restructuring groups of companies to enhance shareholder value and facilitate tax efficient exit strategies.
Insolvency & Business Recovery
We are committed to seeking positive solutions to challenging financial problems and we have long embraced the ‘rescue culture’. The team undertakes a full range of formal and informal insolvency and rescue services.
We also provide pre-lending reviews, monitoring and other services to banks and other financial institutions. Our licensed practitioners have considerable experience in providing litigation support to lawyers on insolvency related cases. Through our association with DFK International we are well placed to achieve success in cross-border asset tracing assignments.
IT & Management Consultancy
Our IT specialists are experts in business systems, IT and the Internet and for many years have been giving practical advice on technology and its application in business and helping clients gain maximum benefit from their management information systems.
We help our clients realise the potential of the new technologies by showing them how they can benefit by increasing sales, improving customer service and efficiency or reducing costs. We work with our clients from beginning to end, from strategy and planning, through selection and procurement, to implementation and support.
The objective is to add value through a combination of commercial and technical expertise and ensure that systems provide the information required by management in a format that will assist with directing and managing the business. Our specialists are skilled in applying their experience to the not-for-profit sector.
Litigation Support & Advice
The specialists in DFK UK & Ireland member firms regularly prepare specialist reports for litigation cases and acts as expert witnesses. Some are experienced in giving evidence in court.
We assist with commercial litigation, personal injury and medical negligence, professional negligence, criminal litigation, fraud, matrimonial litigation, partnership disputes, forensic accounting and investigations, insurance litigation, loss of profits, business interruption and taxation structure and effectiveness.
Through the resources of the group, specialist experience in most sectors of industry and commerce can be provided.
Some examples of assignments that members of DFK UK & Ireland have recently undertaken are provided as a download in the panel on the left hand side.
Private Client Services
We provide advice for private clients on all aspects of personal taxation including expert advice on self assessment.
Whether we are advising the directors of client companies or private individuals, we provide a full range of services including online completion of tax returns. Our advice includes:
- capital gains tax
- inheritance tax
- the creation, variation and management of trusts both UK and offshore
Our clients include people with non-domicile status in the UK, overseas nationals working in the UK, and UK nationals working overseas.
Specialist insurance is also available for private clients in order to mitigate the costs of an Inland Revenue investigation.
We provide access to independent financial advisers who offer financial advice to businesses and individuals.
Areas of expertise include establishing and managing pension schemes, investment planning, inheritance tax, personal protection planning incorporating life cover, critical illness cover and health insurance, shareholder protection and business protection planning including keyman insurance.