Tax Planning

Tax Planning

Tax planning is not limited to tax advice on large transactions. It is about the fine tuning of your financial affairs to ensure that unexpected liabilities do not arise. Every year a tax return is prepared is an opportunity to review your exposure to income tax, capital gains tax and inheritance tax. Our specialist tax advisers can talk to you about any opportunities to reduce your liabilities and keep them to a minimum. Completing a self-assessment tax return each year is a serious business. A tax return is more than just a list of income sources and a calculation of the tax that is due. It is HMRC’s window into your tax affairs and also an opportunity to communicate with HMRC and mitigate the risk of enquiries or liabilities in future.