services

Personal Tax Planning & Compliance

Strategic tax planning: minimising liabilities and maximising benefits

  Our role as specialist tax accountants goes beyond assisting clients in fulfilling their tax obligations; we actively engage in strategic planning to minimise both current and future tax liabilities. Our ultimate aim is to ensure that you only pay HMRC what you rightfully owe. We provide comprehensive tax support to our clients, covering everything from self-assessment to safeguarding their assets. Our expertise extends to minimising taxes associated with capital gains and inheritance, while ensuring that all eligible reliefs, exemptions, and allowances are maximised.  

Our personal tax service includes:

  • Personal tax returns.
  • Reviewing your financial position and identifying potential income tax and capital tax liabilities.
  • Inheritance and estate planning.
  • Family business and succession planning.
  • Partnerships advice and taxation
  • Capital gains tax planning.
  • Stamp Duty Land Tax / Land & Building Transactions Tax.

Unsure of the current UK Tax rates, allowances and available reliefs?

You can access and download the latest UK Tax Rates 2024-25 here.

It contains essential information such as personal allowances, reliefs, tax-free savings limits, LBTT rates for residential property purchases, and the current rates for IHT and CGT.

For business owners, the document also includes up-to-date corporation tax rates, NI contribution rates, mileage allowances, car benefits, and the primary capital and other allowances available to businesses.

Alternatively, if you would like to speak to us about tax rates, allowances and available reliefs, please contact a member of our tax team.

Patricia Halliday

Director

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