Many individuals need to complete tax returns even if they are not in business for themselves.
Here at Lang Bennetts we have a strong tradition of helping those people not only with their tax compliance, but also in maximising reliefs that are available and planning their financial and tax affairs to achieve their goals.
The latest tranche of the population to be “dragged” into the tax return net are those people, with children, who earn over £50,000.
Specialisms to support you further
Other broad categories of people helped by our private sector team are:
- Higher rate tax payers, generally where a little planning can save substantial tax
- Individuals with investment portfolios and/or rental properties who also need to think about inheritance tax (IHT) planning
- Ex-patriates who need their UK tax compliance looked after along with tax planning surrounding both leaving and returning to the UK
- Merchant seamen claiming the seafarers allowance
We are finding that an increasing number of clients from all walks of life are coming to us to discuss inheritance tax (IHT) planning, where working in conjunction with independent financial advisors (IFAs) and solicitors, we can help save families substantial sums.
Lang Bennetts’ Private Client lead contacts: