Personal Tax Planning

With the tax regime becoming more complex and more emphasis being put on taxpayers' individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements. We are the tax specialists. We can provide you with year round tax advice on:

• 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

Your personal Tax Adviser will also be available to 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
  
• How to optimise your tax position when living or working abroad

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. We can help you draw up a comprehensive personal financial plan.

Make sure you take full advantage of the tax saving opportunities open to you - call us today on 0161 886 5000 for a personal tax planning review.