Our team specialise in providing commercially optimised personal tax planning, with the aim of preserving wealth. No situation is the same so we will always spend time with you to understand your needs and your background and to tailor our advice accordingly.
Self-assessment and personal tax planning
With over 25 years’ experience our personal tax manager will provide you with practical advice on personal tax positions and the planning opportunities available to you. We will complete and file your self-assessment tax return and advise you on exactly when and how much to pay. Our advice is geared to:
- Self-employed traders, partnerships and LLPs
- Company directors, LLP members and HNW individuals
- Non-resident and non-domiciled individuals
- Trust Beneficiaries
- Property owners, including non-resident landlords
Keeping abreast of developments and the application of Finance Acts, we often help our private clients with the following tax planning opportunities:
- Income tax planning for UK nationals
- International tax planning for non-UK residents, including establishing UK tax residency
- Investing in the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS) to actively reduce income tax and capital gains tax liabilities
- Capital gains tax reliefs
- Carry-back of trading losses
- Incorporating let properties into a company
- Claiming tax-relief on pension contributions and protecting pension pots
Tax planning for new UK residents and internationally mobile individuals
From 6 April 2025, the concept of domicile was removed from the UK tax system and the remittance basis was abolished, replaced by a residence-based regime. We have deep expertise in personal tax planning for individuals moving to or from the UK, including the new four-year Foreign Income and Gains (FIG) regime and the transitional arrangements for former remittance basis users. Our office can assist you with:
- A Residence & FIG Eligibility Report, explaining your position under the Statutory Residence Test, your eligibility for the four-year FIG regime, and the impact of future behaviour and actions on your UK tax exposure, including the new residence-based inheritance tax rules;
- Planning for arrival in the UK, including advice on tax residence and split-year treatment, timing of income and disposals before arrival, claiming the four-year FIG regime and Overseas Workday Relief, practical tips and record-keeping requirements;
- Transitional planning for former remittance basis users, including designations under the Temporary Repatriation Facility (TRF), mixed fund analysis, and capital gains tax rebasing of foreign assets;
- Clean capital segregation and remitting funds to the UK, including purchasing UK property;
- Investing in the UK, including claiming Business Investment Relief (BIR), available for new qualifying investments until 5 April 2028, and its interaction with the TRF;
- Inheritance tax planning under the long-term residence rules, including exposure of worldwide assets, the position on leaving the UK, and the treatment of non-UK trusts.
Related advice: Succession Planning & IHT, International Investors & Family Offices, and International Businesses Expanding into the UK.
Latest News
Preparing for Making Tax Digital for Income Tax (MTD IT)
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Year-end tax planning: tips for 2026/27
Year-End Tax Planning: Key Considerations for the 2026/27 Tax Year As many taxpayers turn their attention to Making Tax Digital for Income Tax (MTD IT), now is also an ideal moment to look ahead and prepare for the 2026/27 tax year beginning on 6 April. Planning early gives you the opportunity to take advantage of […]
Autumn Budget 2025: Leaks, Tweaks and Tax Reliefs
Autumn Budget 2025 After months of anticipation- and, thanks to this morning’s OBR leak, rather less anticipation than the Chancellor might have hoped- the “long-awaited” Autumn Budget arrived as a further tax raid on working people, the wealthy and, to a lesser degree, businesses. Relentless speculation: on wealth taxes, mansion taxes and every other fiscal twist, has paralysed some […]
Making Tax Digital for Income Tax from April 2026
Making Tax Digital for Income Tax from April 2026 Making Tax Digital for Income Tax (MTD IT) will come into effect from April 2026. Who is affected These changes will impact individuals and landlords with gross self-employment or property income (or the total of both) exceeding £50,000 annually, with further phases expected to cover those […]
Non-domicile Inheritance Tax reforms
Inheritance Tax Overhaul: What You Need to Know The Autumn Budget of 2024 brought with it a wave of tax reforms, as the new Chancellor, Rachel Reeves, set about dismantling the old order with the efficiency of a civil servant clearing their inbox before a long weekend. Among the most significant changes was the scrapping […]
Autumn Budget 2024 Update: No Frills, All Bills
Autumn Budget 2024 With the UK tax burden already at an all-time high, it’s safe to say that the Rt Hon Rachel Reeves didn’t have any tax giveaways tucked up her sleeve this Autumn Budget. Instead Reeves, the first woman to hold the position of chancellor in the 800-year history of the post, kept a […]
Spring Budget 2024 – The leaked and leaky Budget
Spring Budget 2024 The Chancellor managed to find some optimism in the deteriorating economic forecasts, as most Chancellors, of whatever political hue, seem to do before an election. Mr Hunt announced a further 2% cut to national insurance, although it appears that the current budget deficit and the anticipated fall in inflation to 2% did […]
Payrolling Benefits
What is a Benefit in Kind? Benefits in kind (BIKs) are benefits that employees or directors receive from their employer which aren’t included in their salary or wages. BIKs are popular elements of many people’s salary packages and can be used by an employer to structure an effective and tax-efficient salary package. Some BIKs aren’t […]
ATED Valuation Update for 2023/24 return
ATED Update Certain companies owning UK residential property need to submit an Annual Tax on Enveloped Dwellings (ATED) return every year. ATED is payable by companies that own properties valued at more than £500,000 if none of the various reliefs apply. Valuation dates and the 2023-24 ATED return Valuation dates are relevant for determining a […]
Spring Statement 2023
Back to the Future Following the “Growth Plan” mini budget delivered by Kwasi Kwarteng on 23 September 2022, Jeremy Hunt took centre stage for the second time on 15 March 2023 to deliver a…”Budget for Growth”. Fiscal policy can be assessed in three measures: efficiency, effectiveness and equity and whilst the announcements were fairly safe, […]