With the tax regime becoming more complex, and more focus 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 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 - call us today on 0330 053 7042 for a free no obligation personal tax planning review.
Many taxpayers struggle to understand the complex tax returns and complete them correctly. In the first year of the Self-Assessment regime alone, 775,000 taxpayers received £100 penalties for failing to submit their returns on time, and some 400,000 incurred further penalties because their returns were still outstanding six months later!
The constant flow of changes to tax legislation means not only that the returns are becoming even more difficult to understand but also that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.
We can save you a lot of time, worry, and money by handling your Self-Assessment tax return for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.
We can act as your agent, dealing directly with the HMRC on your behalf and, should you be selected for a Self-Assessment enquiry, act for you at any meetings.
Get in touch now on 0330 053 7042 to arrange a free no obligation meeting with us.
Over the past number of years, many landlords have benefitted from a buoyant property market across much of the UK. However, a number of recent measures introduced by the government have tempered demand and made life more difficult for existing and prospective landlords.
These measures have included the withdrawal of the wear and tear allowance and the introduction of new higher rates of Stamp Duty Land Tax for purchases of additional residential property such as buy to let and second homes.
Perhaps most importantly, the new rules which bring about the reduction in the available tax relief for finance costs for residential landlords began on a phased basis in April 2017. These changes will mean that by April 2020 only the 20% basic rate of tax relief will be available. These changes will severely impact many landlords of residential properties who have benefited from tax relief on finance charges, such as mortgage interest for many years.
At Tax4Today we have many years of experience in dealing with this specific sector and the issues that landlords face. We would be happy to advise any landlords on the most tax efficient way of building, maintaining or disposing of their property portfolio.
Get in touch now to arrange a free no obligation meeting with us.
High Net Worth Individuals
At Tax4Today, we understand that our High Net Worth clients have some unique requirements that require specialist advice. We tailor our tax advice to help clients ensure that their wealth is protected from year to year and from generation to generation. We also work closely with other professionals to provide holistic advice, for example we can help those who want to support various charities in the best way.
We have in depth knowledge of HMRC's High Net Worth and Affluent Units that deal with taxpayers with wealth in excess of £10 million and £2.5 million respectively. If you are rich, enough to be looked after by one of these specialist teams be aware that you will likely be subject to far greater scrutiny than the average taxpayer. HMRC uses details from tax returns and other public information databases to identify some of the country’s highest taxpayers.
Our advice will take into account all taxes that are likely to be of concern to our High Net Worth clients including income tax, capital gains tax and inheritance tax. We will seek to ensure that your tax affairs are structured in the most efficient way possible and help with any strategic tax planning. Our goal is to provide appropriate tax planning tailored for your unique circumstances.
Give us a call now to understand how we can help.