What is cross-border tax advisory?

Cross-border tax advisory helps businesses and individuals manage tax obligations across multiple countries — ensuring compliance with UK, UAE, US, and Indian tax laws while minimising unnecessary tax liability.

Do NRIs living in the UK need to file a tax return?

Yes. NRIs living in the UK are subject to HMRC rules based on their residency status. The Tax Planet provides specialist NRI tax planning to ensure full compliance and maximum DTAA benefits.

What is DTAA and how does it benefit NRIs?

DTAA (Double Taxation Avoidance Agreement) prevents NRIs from being taxed twice on the same income in two countries. The Tax Planet helps clients claim all available DTAA benefits across UK, UAE, US and India.

How does The Tax Planet help Indian businesses in the UK?

We provide specialist tax planning, HMRC compliance, bookkeeping, and cross-border advisory — helping Indian-origin businesses stay compliant and tax-efficient across the UK and India corridor.

What services does The Tax Planet offer for UAE residents?

We advise UAE-resident Indians and businesses on cross-border tax exposure, UK tax obligations, corporate structuring, and international tax planning across UAE, UK and India.

How do I book a consultation with The Tax Planet?

Simply click the Book A Call button on our website to schedule a free discovery call with our specialist advisors.

Family Businesses – The Tax Planet

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Family Businesses

How should a Delhi NCR or Haryana family business document asset value for succession under the Income-tax Act, 2025?

A family business should document value professionally when succession, partner exits, restructuring or asset transfers could trigger tax consequences. TaxPlanet supports valuation-led tax strategy by reviewing financial performance, export contracts, import-dependent assets and transaction evidence to create a defensible basis for decisions.

We help you document value for risk-mitigated capital gains positions while ensuring compliance with latest Indian tax laws.

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TaxPlanet Business Valuation

The Problem

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Family-run businesses often lack the rigorous documentation required for partner exits or succession. Without a professional valuation that considers the Income-tax Act, 2025, these transitions can trigger massive, unoptimized capital gains liabilities and costly disputes with tax authorities.

Our Process

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We review the business model, assets, liabilities, maintainable earnings, export revenue streams, import dependencies and succession objective. The valuation is framed as a defensible business document, not a rough estimate prepared after the decision has already been made.

The ROI

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A professional valuation provides a “Defensible Base” for your succession plan. By documenting value accurately, we help Haryana family firms achieve a predictable tax position on capital gains, protecting generational wealth and ensuring a smooth transition between partners or family members.

Frequently Asked Questions

A formal valuation is useful when there is succession planning, partner exit, restructuring, share transfer, dispute, sale preparation or capital-gains exposure. It creates a defensible basis for decisions and tax reporting.

Key documents include financial statements, fixed-asset registers, customer contracts, export orders, supplier agreements, loan records, related-party balances, working-capital data and details of any unusual or non-recurring items.

The valuation can influence the reported value of shares, assets or business interests being transferred. A weak valuation can create dispute risk, while a properly documented valuation supports a more predictable tax position.

Common methods include earnings-based valuation, asset-based valuation, comparable transaction data and discounted cash-flow analysis where forecasts are reliable. The correct method depends on the facts and purpose of the valuation.

It records the assumptions, evidence and methodology behind the number. That helps family members, partners, advisers and tax authorities understand how the value was reached.

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