A Guide To Tax Planning

Our guide to tax planning. Still stuck? Contact us.

With the tax regime becoming more complex; and more emphasis being put on taxpayers' 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:

  • Personal Income Tax
  • Sole trader & Partnership Income Tax
  • Corporation Tax
  • Capital Gains Tax
  • Inheritance Tax
  • Trusts and Estates
  • Non-domiciliary tax issues

Every pound of income tax saved means more income at your disposal; every well planned disposal of an asset means you suffer minimal capital gains tax, and every pound of inheritance tax saved means more of your hard earned assets pass to your beneficiaries.

For the asset rich we have several strategies to protect your wealth from Capital Gains & Inheritance Tax considerations.

Make sure you take full advantage of the tax saving opportunities open to you.

The tax legislation contains many allowances and reliefs that will help you to minimise your tax liabilities. This is so whether the tax arises on earnings, profits of trade or gains when you sell chargeable assets.

Inland Revenue staff are not able to advise you on how to organise your affairs to minimise the amount of tax you pay. If you are looking to make savings and do not want to make a detailed study of tax legislation, you should seek professional advice. For business clients our fees are tax deductible.

If you would like to discuss any of the issues raised in this article, do get in touch. Whatever your planning needs we will endeavor to find a tax saving scheme to suit your circumstances - make sure you contact us as more specific planning tips may be available for your business sector.

Telephone
0191 3721 998
01388 776 400

Email
info@mftaccounting.co.uk

MFT Accountants
The Offices
George Reynolds Industrial Estate
Shildon
County Durham
DL4 2RB