Personal Tax

We listen and understand you, your business, business environment, applicable regulation and your goals and objectives. This wholistic picture helps us add real value by delivering an outstanding tax service which includes:

Preparation and filing of accurate self-assessment tax returns

• Complete your tax returns, calculate any tax liability and advise you on exactly when to make payments and how much to pay
• File the returns on your behalf taking the headache out of the form filling and compliance aspect of Self-Assessment

But that is just the end outcome. To achieve the optimum tax outcome for you, we pro-actively work with you to plan your tax matters.

Effective tax planning to minimise your tax liability

Income Tax Planning

• Recover income tax you have paid in the previous three tax years
• Avoid paying higher rate income tax in this tax year
• Reduce your overall income tax bill

Capital Gains Tax Planning

• Save CGT on the sale of a second property
• Structure your affairs to ensure you only pay 10% CGT on the sale of certain assets
• Defer CGT bill using the various CGT reliefs and exemptions available

Inheritance Tax Planning

• Use lifetime planning to reduce exposure to IHT
• Use effective wills, trusts and other shelters to maximise your family’s inheritance

Other Savings Opportunities

• Reduce the stamp duty payable on the purchase of properties over £1m
• Save national insurance by restructuring remuneration packages
• Fund your finance requirements via tax rebates
• Protect your personal assets where long-term care costs are an issue

Life Events

The following life events should all be accompanied by a review of your tax position:-

• Getting married / entering a civil partnership
• Having a baby
• Separation /divorce
• Career progression
• Setting up a business/ selling a business
• Business changes
• Getting older / retirement