Income tax
Whether you need your self assessment tax return completing, or want to know how to maximise your tax allowance and reliefs, our experienced team provide a comprehensive range of personal tax services. We can help with:
- Completing and filing personal tax returns.
- Personal tax calculations.
- Advice on personal tax payments.
- Maximising allowances and reliefs from earnings.
- Dealing with and answering HMRC queries.
- Supporting you with HMRC tax inquiries.
Capital gains tax (CGT)
If you own and sell valuable assets (for example additional property) you may need to pay Capital Gains Tax (CGT) on the profit. This can often involve complex calculations. We’ll do the calculations for you or tell you if the asset is exempt.
Inheritance tax (IHT)
Our team can tell you how much Inheritance Tax your beneficiaries might have to pay in the future. They can create a plan for passing on wealth and, if applicable, your business, in the most tax-efficient way possible.
Trusts
Trusts are created as a means of wealth preservation. They can provide flexibility in allowing assets to be passed down through the generations in a secure and tax efficient manner. Our specialists can advise on the initial creation of a trust and help you to choose the most suitable structure. Once the trust has been formed we can provide ongoing advice concerning the running of the trust.
Estates
Our estate planning specialists can assist you in mitigating inheritance tax liabilities by utilising lifetime gifts, both outright or via a trust.