If you are a company director, self-employed, a trustee or higher rate tax payer you are likely to be required to submit annual tax returns. HMRC has recently imposed a new stringent regime of penalties for late submission and payment of tax; therefore it is even more important for you to be on top of your tax affairs.
We will assist with the preparation of your tax return and associated tax planning and will liaise with HMRC on your behalf. We aim to advise you of any tax liabilities as early as possible and of course try to reduce the tax liability for you.
There are various different matters concerning taxation on property and legislation is ever-changing.
We can assist with private residence relief, tax on investment properties, furnished holiday lets and much more. Please contact us to discuss your needs and we will arrange a free initial consultation.
Trusts have been used to protect assets and wealth for many years. Recent tax legislation has been tightened to minimise the original tax benefits of trusts.
There are various types of trusts and the legal and tax regulations are very complicated.
We can assist with the preparing the accounts and annual returns as well as outlining the tax implications.
Inheritance Tax Planning
Inheritance tax can cost your loved ones hundreds of thousands in the event of your death, but there are ways to minimise this. Legal inheritance tax planning is one of the biggest ways to save money.
It is important when planning to transfer an estate that adequate provision is made and getting the right balance requires considerable skill and foresight along with a detailed knowledge of the current tax regime. We provide a discreet comprehensive estate planning service.
Pensions & Investments
We have a wide range of professional contacts to ensure you have a suitable independent adviser and we will work with them to provide you with impartial advice in areas such as pensions, life assurance, individual savings accounts and investments.
We provide investigative services in relation to financial matters involving court cases and divorce settlements.
We will compile and review the information in order to assist you with your case.