01423564446 enquiries@lithgow-perkins.co.uk

Personal tax planning

With the tax regime becoming more complex and more emphasis being put on taxpayers’ individual responsibilities, everyone who is subject to tax needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements.

In every service we provide to our clients we think about the tax implications. Our role in maximising your wealth, frequently involves minimising your tax bill and thus tax and tax planning informs nearly everything we do.

We can provide you with year round tax advice on:

  • income tax
  • national insurance
  • capital gains tax
  • inheritance tax
  • trusts and estates
  • overseas issues

Every pound of tax you save means more income at your disposal, every well planned disposal of assets minimises your capital gains tax, and every inheritance tax saving means more for those you leave behind.

We identify practical things you can do to save tax. We do not sell aggressive complicated short term tax saving schemes but look to long term planning for you your family. We deal with many family businesses where planning is about tax effective succession. However, we also have in depth experience of minimising tax on the proceeds of a business sale. Those proceeds in turn may then be gifted into trust to reduce inheritance tax (IHT) and provide for future generations. You can read more about IHT planning in the estate planning section of our website.

If you want to find out more about the services we can offer you, please contact Robert Horner, at robert.horner@lithgow-perkins.co.uk  or call Robert on 01423 564446