Personal tax planning

The growing complexity of the UK taxation system in recent years has made it much harder for individuals to complete their tax returns correctly and on time.  We can provide the professional help and advice to guide you through the complex area of self-assessment (hyperlink to income tax returns page) and avoid paying penalties due to late or incorrect returns.

Our tax specialists will ensure that all your obligations under current tax law are met and that you are made fully aware of changes in legislation affecting you, pointing out the opportunities to mitigate tax and national insurance.

Not only can we ease your worries by dealing with your Tax Return and the relevant computations, but we can help minimise your tax liabilities through pro-active advice.

We offer a specialist personal tax planning service tailored to your individual needs that includes:

Advice on minimising tax liability for all personal taxes, including:

  • Income tax
    • Capital gains tax (CGT)
    • Inheritance tax (IHT)
    • Non-domiciliary taxes
  • Completion and filing of relevant returns
  • Advice on what payments are due and when
  • Advice on trusts and estates
With the complex nature of tax and finances today, we also encourage our clients to speak to our recommended external Financial Planning Consultant who will develop a comprehensive personal finance plan for you that, in addition to general tax planning, covers:
  • Provision for education costs
  • Mortgage planning
  • Savings & investments
  • Insurance planning
  • Healthcare provision
  • Retirement planning
  • Estate planning

Decisions made in any of these areas are likely to affect one or more of the others, which is why we recommend working within an overall plan.

If you are interested in developing a personal finance plan, please mention this when arranging your personal tax review.

Make sure you take full advantage of the tax saving opportunities open to you – call on 01730 234500 today for a personal tax planning review.