Private Client Advisory

Individuals should proactively consider their tax affairs to ensure that they are managing tax as a cost, just like any other cost they incur.

For many people, tax responsibilities can be managed through seeking appropriate advice, for example:

  • Owner managers of companies who may want to extract profits sell part or all of the business, or pass the business on to other family members
  • Owners of second homes who would realise a gain on disposal of either of their homes
  • Owners of buy to let properties
  • Investors in shares or other investments
  • Families for whom their assets would exceed the inheritance tax thresholds

The key to fully managing your tax affairs is to plan in advance so that you are aware of the range of alternatives open to you. We can assist you in considering the tax reliefs and exemptions that can help you to manage your tax affairs, such as:

  • Ensuring assets are held in tax efficient structures such as pension schemes or family investment companies
  • Ensuring disposals of business assets or shares qualify for Entrepreneurs’ Relief
  • Maximising use of personal allowances for income tax, capital gains tax or inheritance taxes
  • Using tax efficient investments such as EIS, SEIS and VCT’s or “bespoke” pension arrangements
  • Ensuring succession planning for businesses is well planned and utilises tax reliefs to prevent unnecessary tax charges arising