Tax & Estate Planning

Tax planning is a key part of your financial strategy, affecting everything from your income now to what you can pass on to your family in the future.  We deal with your tax situation as part of your whole financial picture, making sure the complete approach meets your individual aims.   

Taxation can be a complex area, with changing rules, allowances and benefits, so expert advice can make a real difference to your financial choices.

Our experienced financial advisors will explain the Income Tax, Capital Gains Tax and Inheritance Tax implications of any option recommended and how to make the most of available annual allowances.  

Please be aware that the Financial Conduct Authority does not regulate Tax Advice. 

Income Tax

Your income, savings and family circumstances can all affect the amount of Income Tax you pay. Understanding your financial situation can help us make sure you are paying the right amount of tax. And we can explore on your behalf savings options, reliefs and allowances that can reduce your tax bill, including making pension contributions and gifts to charity.  

Capital Gains Tax

If you sell or give away something you own, such as a personal possession, property or shares, that has increased in value, you could be liable for Capital Gains Tax. We can advise you on your liability and ways to minimise the amount you pay.

Inheritance Tax

Passing wealth on through generations is important to many of our clients and we have considerable experience in helping clients with Inheritance Tax planning. By thinking ahead, you can maximise the reliefs and exemptions available if your estate is over the Inheritance Tax threshold. We can also advise you on the tax impact of gifts made during your lifetime. 

Taking advantage of allowances available can also reduce tax payable during your lifetime and means that more of your estate is available to your beneficiaries after your death.

You may want to consider trusts in your inheritance planning. There are different types of trust with different tax implications, and we can help you decide which might be suitable for you and your family.

Clients may need legal advice as part of their Inheritance Tax planning, for instance on Wills and trusts, and we will work closely with their legal advisers from Thorntons Law or any other firm.

Contact us to discuss how we can help you with effective tax planning. 

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