|
|
 |
We begin by understanding what you want to achieve. We would all like to protect our personal wealth, but must do so whilst complying with all HM Revenue and Customs' regulations. Our expert knowledge will allow us to make sure you make the most of all available tax allowances and benefit structures, so you do not pay more tax than you have to.
Although this desire to protect our personal wealth may be a common aim for many of us, there are other issues to consider, and it is getting to the heart of these that allows us to tailor our advice, and deliver the right tax strategy for you.
We can help you to:
- Minimise your tax bill, through effective tax planning, (using tax reliefs, allowances and tax efficient structures)
- Structure your business interests to maintain your wealth
- Assess the tax implications of family events, such as starting a family, separation, divorce or death
- Assess the tax aspects of charitable giving, trusts and probate
- Prepare your personal tax returns required under self assessment
- Determine the amounts and timing of tax payments
- Deal with the HMRC on your behalf, helping to manage negotiations and resolve disputes.
Big enough to have all the necessary specialist
skills, yet small enough to give a personal service.
Pete Hughes, Substores Ltd
Contact Graham Buckell at grahamb@batesweston.co.uk
to find out how we can help you
As property values continue to rise, many of us, who had previously
considered estate planning as the concern of the very wealthy,
must now plan to protect our wealth, ensuring that it can be passed
from generation to generation, whilst minimising the tax burden.
The earlier you consider this issue, the greater your chances of taking full advantage of the tax opportunities available, maximising the amount your beneficiaries will receive. It is equally important that you make adequate provision for yourself and your spouse in your later years. Striking this balance requires that we have an in depth understanding of your circumstances and goals, as well as detailed knowledge of the tax regime.
Here at Bates Weston, whatever your circumstances, our trusts and estate expert can help you plan effectively for the future.
We can help you :-
- Advise on structuring an estate to maximise use of reliefs such as business property relief and agricultural property relief
- Assess the merits of establishing trusts from a family and tax perspective, taking into account related issues such as capital gains tax, inheritance tax and income tax.
- Plan and administer a trust
- Transfer assets into trust
- Arrange adequate life assurance to cover potential inheritance tax liabilities
- Make full use of exemptions and lower tax rates on lifetime transfers
- Optimising lifetime transfers between spouses
- Provide advice to beneficiaries and trustees on tax issues arising when they receive assets or income from a trust
- Prepare a will and if appropriate act as executors
- Facilitate probate
"We find Graham's work to be of the highest
standard. I trust him implicitly."
Jill Evenden, EBS Chartered Accountants
For further details of our personal and corporate tax advisory services, please click below, or contact Graham Buckell at grahamb@batesweston.co.uk
Should you or your business become the subject of a tax investigation, be that the local VAT office or the Special Compliance Office, it is important that you have the right support and advice. You need to be able to focus on your family and business, secure in the knowledge that you will be getting advice you can count on from your business advisors.
At Bates Weston, we understand the investigation process in depth, and will offer you support and advice throughout.
We can:-
- Help you through H M Revenue and Customs' investigations, be that Income Tax, Corporation Tax, PAYE, National Insurance, VAT or an IR35 status dispute.
- Provide expert assistance with an SCI Investigation, whether serious fraud or planning and avoidance
- Voluntary Disclosure to the Offshore Fraud Project Group, if you have an offshore account
For further details of our personal and corporate tax advisory services, please click below, or contact Graham Buckell at grahamb@batesweston.co.uk
The cost of a tax investigation can be significant. With this in mind, Bates Weston offer insurance cover from Professional Fee Protection Limited (PFP). PFP are market leaders in protecting individuals and companies against the costs of tax and VAT investigations.
Contact Wayne Thomas at waynet@batesweston.co.uk to find out more about Tax Investigation Insurance.
|
|
