Taxation

Everyone accepts the principle that taxation is raised for the benefit of the country

Yet the benefits distributed from the tax raised do not necessarily reflect each individual contribution. The inequities in the tax system are wholly unfair.

The Inland Revenue will collect as much tax as possible. If it collects too much, then the chancellor gives it back, but once again, not necessarily in fair amounts.

But whatever you plan personally, for your family or your business, almost certainly there are tax costs and implications.

Whether you are:

  • Disposing of shares from your portfolio
  • Selling your house
  • Setting up a trust
  • Negotiating with developers for a sale of land
  • Going to live or work abroad
  • Involving the children in the ownership and running of the family business

You need to carefully consider what tax is at stake and how you can best plan to mitigate that cost.

To do so, you need,

  • To be clear and fully understand what you want to achieve
  • To have someone with imagination and technical skill to design what you need
  • To be comfortable that what is planned suits you and your family
  • To have someone who will answer your questions clearly and sensitively

financial planning

We are frequently at the forefront of tax efficient strategies.

While tax planning is a delicate and complex issue, the answer is simply to reduce the amount of tax the Inland Revenue take in the first place. It’s called tax planning.