Tax Advisers
At Jeffcote Donnison LLP, we are able to provide a full range of tax consultancy services to UK based individuals, businesses and to internationally based clients looking to move to or invest in the United Kingdom.
Income Tax and Corporation Tax
The introduction of self assessment has made the taxpayer responsible for the submission of tax returns by a given date. The mission for our team of professional consultants is to prepare and file tax returns in good time to avoid any unnecessary penalties and interest charges for missed deadlines.
Our expertise in taxation means that we can help you to take advantage of all available allowances, exemptions and options. We are able to advise on the full range of options due to our familiarity with tax favourable investments and shelters. We keep our clients closely informed, provide them with estimates of tax liabilities, make suggestions and ensure that all necessary documents are in place. Our approach is to be pro-active and give value added advice wherever possible.
Inheritance Tax
Inheritance tax can appear confusing and complicated. However, with thorough understanding of the legislation, there are excellent opportunities to plan estates and protect family wealth through the use of lifetime gifts, trusts and careful consideration of wills.
We will scrutinise your individual circumstances so that we can help you plan your estate. We keep you informed with regular reviews of the estate and detailed calculations of potential liabilities so that you are fully aware of all opportunities available to you. Regular discussions with you and your family means that we can respond to your wishes as they develop and can act in your best interests.
Capital Gains Tax
To minimise capital gains tax liabilities, careful planning is required. The timing of a sale or transfer and the structure of the transaction can offer opportunities to defer payment or reduce it, particularly where the sale of a business is concerned. We can advise on the best form of relief available and the options open to you.
Skilful long-term planning can bring significant opportunities for the deferral of CGT. In certain circumstances, offshore trusts can offer significant advantages and, with our international partners, we are geared up to assist you.
Several changes in legislation in recent times have made Capital Gains Tax reporting and the filing and record maintenance requirements more complex. Our systems are designed to deal with these issues and minimize the time the clients needs to devote to their own affairs.
Tax investigations
We are fully aware of how worrying a tax investigation can be to the individual. At Jeffcote Donnison LLP, our knowledge and expertise in this area means that we can ensure that any investigation, on whatever scale, is dealt with quickly and efficiently. We are used to working with the Revenue and lawyers where necessary, and will do everything in our power to minimise your exposure to liabilities, interest and penalties.
The tax authorities are thorough in their approach and we treat each investigation with the greatest of care, attention and confidentiality.
Many of our corporate clients have asked us to assist in their investigations and due diligence reviews. Such proactive planning means that our experience in this area gives our clients the confidence in knowing that we will respond swiftly and efficiently to an investigation.
Trusts
Using trusts as a way to protect the wealth of foreign nationals from Inheritance and Capital Gains Tax is extremely effective and our expertise in this area is considerable.
|
