Personal Tax
Inheritance Tax & Estate Planning
We can advise you on a wide range of plans and procedures to minimise charges to inheritance tax and to ensure the most tax-efficient methods of passing property from one generation to the next. Whether dealing with wills, trusts or lifetime gifts, we can advise on all of the tax consequences and direct you on the best way to proceed. We will make sure that tax does not dominate your plans and will do everything possible to minimise its impact on you and your family.
Trusts & Executries
We can deal with all aspects of trusts which may be of benefit to you for tax planning or other purposes from advising you on the different reasons for setting them up, through creation and tax efficient administration to termination at the appropriate time.
We can also deal with executries in particularly tax-efficient ways, using our wide knowledge of the tax system to minimise liabilities through such devices as deeds of variation and efficient timing of distribution, all to ensure that the maximum possible passes to the intended beneficiaries.
Income Tax Planning
The need to arrange tax affairs properly grows with every change in the tax rules. We can make sure that your affairs are organised to secure the maximum benefit. Planning between husband and wife, between parents and children and involving other members of the family can maximise tax reliefs and other tax-related benefits. We can help you to minimise your tax bills.
Capital Gains Tax Planning
Capital gains tax can bite into the proceeds of success in the most unexpected and unwelcome ways. We can help to plan for and to reduce its impact, taking account of the constantly changing rules in this complex tax.
Marriage Breakdown
Any breakdown of a marriage is a traumatic affair and tax will not be at the forefront of people's minds. But there are opportunities available to improve the tax situation for all of the family - and traps waiting for those who fail to address tax considerations. We can help you through all that is needed and ensure that you reach the best possible financial situation - tax considerations included.
Employment Termination
If you are working for someone else, or have others working for you, making sure that tax is dealt with properly and efficiently is crucial. We can help you to ensure that you do not pay too much - and that if employment comes to an end, we can work with you to maximise the tax efficiencies of any payments made at that time.
Tax on Houses
Whether dealing with your main residence, a second home or property let out, tax can be a major factor in anything you do with it. From stamp duty to capital gains tax, the Inland Revenue can take a large slice out of your assets. We can ensure that you pay only the minimum amount of tax due, and plan for your future to keep those bills down.
