Tax Planning and Compliance
Paying tax is one of life's certainties, both during your lifetime and on death.
With the wealth of knowledge and experience gained by our friendly and approachable team, we can offer a straightforward and sensible approach to tax problems and help to plan for the future.
Whether it be help with completing your annual tax return or planning for the future to reduce the liability to tax on death or the liability of a capital gain, we are able to help.
Some people feel that the process of completing their tax return is a burden that they do not need, others are confused about family and tax credits. With all this in mind we can help with:
- Accurately preparing, and filing on time, your tax return with HM Revenue and Customs
- Advising you on the taxes that you need to pay and calculating what is due
- Making sure that you claim all allowances and reliefs available to you
Our work may be undertaken on a fixed fee basis, as it is our aim to give you a prompt, efficient and helpful service at a cost agreed with you in advance.
For most people, ensuring that their money and assets pass down to loved ones is very important. With the right planning, reducing the amount passing to the taxman is possible.
We will work with you to find the best way to minimise inheritance tax, by explaining how to use the exemptions and reliefs available, and also giving consideration to gifts and trusts.
When it comes to capital gains tax, there are fewer opportunities to reduce this liability. We can, however, help with putting plans into place as soon as possible and again advise you on reliefs and exemptions. We can then calculate your liability to capital gains tax, and advise to ensure that this is paid on time to HM Revenue and Customs.
- Tax Planning and Compliance
- FAQ for Wills, LPAs and Tax
- Minimising Inheritance Tax That May be Payable
- Related Services
- Wills and Trusts
- Lasting Powers of Attorney and Court of Protection