Personal Tax Planning

This will usually follow on from your Self Assesment, but it need not. If you pay tax in the UK then you will almost certainly need professional advice if you want to optimise what you have to pay.

As a part of our tax reduction package, each year we will carry out detailed and comprehensive tax planning reviews before the tax year end to ensure that you pay not a penny more than your fair share.  These will include:

  • Detailed tax planning for your business so that you keep more of your hard-earned cash.
  • Detailed tax planning in respect of your employees, including tax efficient remuneration strategies. This will both save the business money and create a happier team.
  • Detailed personal tax planning, including the very best way to extract cash and profits from your business.
  • Detailed tax planning for your family. 

Personal balance sheet

We will prepare a personal balance sheet for you.  This is a document that shows your total net worth.  It is broken down so you can easily see your total assets and your total liabilities.  This is a key document that is the start of you and your family’s financial, wealth and retirement plans.

It will enable us to discuss what you might be able to do to increase your total personal wealth even further.  And it is a great starting point for assessing your exposure to Inheritance Tax and how to reduce it.

Inheritance Tax health check and estimate

Inheritance Tax (IHT) is often one of the biggest tax bills, but it’s also described as a voluntary tax.  There are many things we can do to help you plan.  It starts with producing a preliminary estimate of your likely Inheritance Tax liability and tell you whether we recommend you to consider Inheritance Tax planning.

If we recommend you to consider Inheritance Tax planning you will qualify for an Inheritance Tax health check.  This health check could show you how to save your family substantial amounts of tax.



Contact Us

01865 980 660 /01785 503 660

238 Sandon Road
ST16 3HL
United Kingdom