Income Tax

Income Tax

In the UK Income Tax is chargeable against most earned income including income from your employer and self employed earnings, along with investment income such as dividends and interest etc. Income tax is charged at a variety of rates according to your income level ranging from 0% to 45%. In addition to these headline rates there are also effective tax rates of 60% lurking within the tax regime where there is reduced entitlement to tax free personal allowances or where the High Income Child Benefit Charge is relevant.

With increasing responsibilities falling on you as a taxpayer and the introduction of an increasingly punitive penalty regime it is more important than ever that you have access to professional advice and support to make sure you are optimising your tax position and meeting all your compliance requirements.

If you require independent personal tax planning advice to protect your wealth our tax team can provide year round advice whenever you need it. We can assist you with all aspects of personal tax planning, from basic assistance completing Self Assessment Tax Returns to tax planning to assisting you with HMRC enquiries.

Our tax services include:

  • Self Assessment filing and tax compliance.
  • Personal tax planning.
  • Inheritance tax planning.
  • Capital Gains Tax planning.
  • Tax compliance and planning for Trusts and estates.
  • Family business advice.

Our clients range from sole traders to directors of large companies, professional partners to trustees, wealthy individuals with significant personal assets to pensioners looking to reduce their tax liabilities.

If you would like more information on the tax services that we offer please give us a call.