Structuring your personal tax affairs effectively
Turning your tax wishes into a plan
- CGT planning
- Income Tax planning and tax-efficient investments
- Tax-efficient remuneration strategies and business-exits
- Inheritance Tax Planning
- Overseas planning if coming to or leaving the UK, including mixed fund analysis and remittance planning
- Planning for changes to legislation
As with most things in life planning is the key to success. As the quote goes “A goal without a plan is just a wish” and our private client team want to help you realise these wishes.
Post COVID-19 it is likely that there will be alterations to the UK tax system and it’s crucial that you are ahead of the curve with these so that you maximise the reliefs available to you and, legitimately, do not pay more tax than you should be.
Whether your interests as a tax-payer lie in property, business, investments or family wealth it is crucial that you get the right advice to safeguard your tax affairs and those of your estate.
Our private client tax team love working with you to understand your very unique personal circumstances and to help you take those tax wishes and turn them into a plan.
These are just a few related articles to give you further insights and information
Class 1A payment deadline
Class 1A NICs are paid by employers in respect of most benefits in kind provided to employees such as a company car. There is no employee contribution payable. If you provided taxable benefits to staff or directors your business is likely to have a
Changes in State Pension age
The State Pension age is currently 66 and two further increases are set out in legislation: a gradual rise to 67 for those born on or after April 1960; and a gradual rise to 68 between 2044 and 2046 for those born on or after April 1977.
EMI Options – Business Asset Disposal Relief
Enterprise Management Incentive (EMI) share option schemes are a real consideration for businesses wanting to incentivise retain and reward key members of their team, but do not yet have the cash available to sustain high salaries or offer regular bonuses. Find out how EMIs can offer significant advantages to your star performers.
Business Asset Disposal Relief – deadlines and claims
Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership. You can currently claim a total of £1 million in BADR over your lifetime. Here are the deadlines for claims.
Deadlines for making voluntary NIC top-ups
In certain circumstances it can be beneficial to make voluntary National Insurance Contributions (NICs) to increase entitlement to future benefits, including the State or New State Pension for self-employed persons.
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