Personal Tax Department
We look after the tax affairs of a variety of clients including:
- Judges, barristers, solicitors, doctors, surveyors, architects, independent financial planners, patent agents, stockbrokers
- Writers, journalists, actors, producers of documentaries, film makers
- Hedge fund managers
- Fund managers
- Human Resource consultants
- Clients with inherited wealth
- Farmers and landowners
- Non-UK domiciled individuals living in the UK
- Retired individuals
- Children of existing clients
- Property investors
Whilst our regular work is to prepare tax returns for clients, we aim to identify areas of tax planning appropriate to any particular client. Our advice will therefore include the following areas:
- The most tax efficient way to claim relief for trading losses
- Film partnerships
- Income from property including holiday lettings
- Capital gains computations of property and shares disposals.
- Suitable elections for main residence and variations, to minimise capital gains tax where clients own more than one property in which they live
- Entrepreneur’s relief
- Residence and domicile issues and how these affect a client’s tax affairs including the remittance basis for non-UK domicilaries
- Planning to minimise the effects of inheritance tax
- The amounts which may be contributed to a pension scheme tax efficiently
- Tax efficient giving to charity
- Employment /self employment issues
- Tax treatment of payments received on cessation of employment
- Advising on future tax liabilities, especially for those starting a self employed business
- Timing of when to cease self employment/change accounting date
- Employee share schemes/share options
- HM Revenue and Customs enquiries
