Personal tax planning
- Advice on minimising tax liability for all personal taxes, including:
- Income tax
- Capital gains tax (CGT)
- Inheritance tax (IHT)
- Completion and filing of relevant returns
- Advice on what payments are due and when
- Advice on estates planning
Clients who benefit from this service attest to the value of an independent adviser who can look at their situation within the larger picture.
We can also advise on issues such as:
- How best to handle benefits such as company cars and accommodation
- Whether directors should be paid by salary or dividend
- How to minimize CGT liability on disposal of assets
With the complex nature of tax and finances today, we also encourage our clients to develop a comprehensive personal finance plan 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.
Contact us today to discuss how we can help you manage your personal finances more effectively.
Click here to download our Tax Return Information Checklist as a guide to what information might be required in order to complete your annual tax return.