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  Personal Taxation

Although the top rates of personal tax have come down over the years, the rules have remained as complicated as ever and there can be stiff penalties for late payment of tax and the completion of returns.
We can provide a comprehensive service which will mean that you can be confident of meeting the ever changing requirements of the tax authorities.  We can also advise on how you can arrange your affairs to take advantage of the various opportunities to mitigate your tax liability.
Inheritance Tax
It is essential to plan carefully to avoid the full impact of inheritance tax.  If this is not done, substantial amounts of family wealth may pass to the Inland Revenue.  Trusts are often important elements in this area of tax planning.  We can advise on their establishment and also help with trust administration.

Estate planning normally involves so many aspects of a personís financial affairs that it often becomes important to appoint a central co-ordinator of all the advisers.  We are happy to take on this responsibility, or else to act under the direction of a clientís other professional advisers.
The capital gains tax taper relief has meant that effective record-keeping to underpin computations of CGT submitted to the Inland Revenue is essential to avoid paying too much tax of prolonging the agreement of liabilities.

The choice of suitable investments is affected by a clientís tax circumstances, his or her overall requirements for capital growth or income and his or her attitude to risk.

Recent tax legislation has made available several particularly attractive investment schemes, e.g. EISs, VCTs, IIPs (ISAs) etc.

We are happy to work with specialist advisers to devise the most suitable investment strategy for an individual client.
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