Personal tax planning

How we can help with personal tax planning

We offer a specialist personal tax planning service tailored to your individual needs that includes:

We offer a specialist personal tax planning service tailored to your individual needs that includes:

  • Advice on minimising tax liability for all personal taxes, including:
    • Income tax
    • Capital gains tax (CGT)
    • Inheritance tax (IHT)
    • Non-domiciliary taxes
  • Completion and filing of relevant returns
  • Advice on what payments are due and when
  • Advice on trusts and estates

We can offer you personal tax planning advice from one of our Tax Partners.

He or she will help you optimise your tax position and ensure you meet all the compliance requirements.

Clients who benefit from this service attest to the value of an independent adviser who can look at their situation within the larger picture.

Your personal Tax Adviser will also be available to advise on issues such as:

  • How best to handle benefits such as company cars and accommodation
  • Whether directors should be paid by salary or dividend
  • How to minimise CGT liability on disposal of assets
  • How to optimise your tax position when living or working abroad

With the complex nature of tax and finances today, we also encourage our clients to develop a comprehensive personal finance plan that, in addition to general tax planning, covers:

  • Provision for education costs
  • Mortgage planning
  • Savings & investments
  • Insurance planning
  • Healthcare provision
  • Retirement planning
  • Estate planning

Decisions made in any of these areas are likely to affect one or more of the others, which is why we recommend working within an overall plan.

We can help you draw up a comprehensive personal financial plan.

Contact Us today to discuss how we can help you manage your personal finances more effectively.

With the tax regime becoming more complex and more emphasis being put on taxpayers’ individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements.

We are the tax specialists. We can provide you with year round tax advice on:

  • Income tax
  • Capital Gains tax
  • Inheritance tax
  • Trusts and estates
  • Non-domiciliary tax issues

Every pound of income tax you save means more income at your disposal, every well planned disposal of assets means minimal loss of capital gains, and every inheritance tax saving means more benefit for your beneficiaries.

Make sure you take full advantage of the tax saving opportunities open to you. For more information on trusts, contact us.

“We have been using Smith Butler as our accountants since 2012 and have always found the service to be excellent. We particularly appreciate the responsiveness to our (many) questions and the friendliness of all members of staff we have dealt with but especially Sally who has always been very helpful and patient.”

Netpositivity

Scarborough

Why choose us?

Unlimited phone support

Unlimited free meetings

FREE initial tax review

Work on time every time

Fixed fees

Monthly tax tips by email

Friendly and approachable

All clients treated equally

FREE annual financial checkup

Cloud software specialists

Want an initial talk that won't cost you a penny?

You can reach out to us with your accountancy or business query on the phone, over email, through our website or even on social media if you're that way inclined. You’ll get an honest response and that won't cost you anything.