Specialist tax planning is at the heart of what we do. We have a highly skilled team of Chartered Tax Advisers who have broad industry experience to draw on and a proven track record in dealing with the most complex taxation queries our clients may have. Our approach is to rely on enthusiasm to tackle each situation afresh with the recognition that no client is the same.

Individual Tax Advice

Individual tax planning allows you to predict your yearly tax burden and make smarter financial decisions throughout the year to ensure you are ready for tax season. For instance, those subject to self employed taxes can project how much to pay quarterly so that they can avoid an unexpected tax burden in the new year.

Personal tax advisory services are the key to achieving long-term goals, such as saving for your children’s education, financing your new home, supporting your charities or passing on wealth to future generations.

An integrated strategy that includes tax, estate and investment planning is essential to successful individual tax planning and family tax planning. Your Tax Simplified 4 You tax advisor will provide independent tax advice to help you navigate the effects of recent shifts in tax law including family tax credits, charitable contributions and family gifting to create a plan to achieve the financial future you envision

Income Tax and NICs
Proactive advice and the structuring of clients’ affairs is vital to minimise Income Tax and NIC liabilities. Our team has a strong reputation for its Income Tax planning. As well as the traditional planning techniques, we have the experience and knowledge to be able to provide further specialist and bespoke advice when:

• HMRC has issued you with a tax return;
• You have disposed of an asset
• You have any source of income which is not taxed at source sufficiently.

In addition, you may wish to complete a self-assessment tax return in order to claim any tax reliefs or allowances due to you, or if you have made losses which can be claimed for current or future use. We are confident of offering our private clients a wide range of tax planning solutions, integrated tax planning as well as proactive wealth development and management services.

Capital Gains Tax
With proactive advice before a transaction, significant Capital Gains Tax savings can be made. Using advance structuring or by planning the nature and timing of disposals it may be possible to reduce the capital gains tax payable from 28% to 10%, or potentially defer or eliminate this all together.

Contact us if you are contemplating making any disposal which could crystallize a liability including any of the following:

• Shares and Securities
• Property
• Offshore assets

Our team have advised on all types of asset disposals, from residential and commercial property to owners of businesses involved in significant corporate transactions. We will provide Innovative solutions and planning ideas, integration of personal and business Capital Gains Tax planning and post-transaction tax planning options.

Property Tax
Our client portfolio covers the entire property spectrum, so whether you are a commercial or residential property investor, developer, land dealer or simply a trading business which owns property, we will have a range of tax opportunities to ensure you optimise your tax position. Our bespoke advice covers the full range of taxes that may impact your property ownership, including Income Tax, Corporation Tax, Capital Gains Tax, Capital Allowances, Inheritance Tax, VAT and Stamp Duty Land Tax.

Inheritance Tax

Inheritance tax is often called a voluntary tax in that, with planning, the payment of inheritance can be avoided. It is a tax levied on a person's estate when they die and on certain gifts made during an individual's lifetime.  The need for estate planning is becoming increasingly common as increasing house prices push up the total value of people’s net wealth. While it was intended to be a tax on only the very wealthiest estates, the freezing of the inheritance tax threshold for a decade has meant that many more people have been caught in its net.

But inheritance tax planning is complex because of the countless considerations you need to take into account. These include the size of your estate, your health, what you can afford to give away, and what you might need in the future.

Gifts between UK-domiciled spouses during their lifetime or on death are exempt from IHT. A spouse includes married couples and registered civil partners. Most gifts made more than seven years before death will escape tax. Therefore, if you plan in advance, gifts can be made tax-free and result in a substantial tax saving.

Taking professional advice on tax and estate planning could prove to be money well spent. It can help you make sure your wishes are respected, and provide peace of mind that your heirs can inherit your estate in the most tax-efficient manner.  Our specialist tax advisers can help with Inheritance Tax and estate planning, establishing trusts and advice on reducing your liability to inheritance tax. They can also deal with correspondence you have received from HMRC.