The Budget Is Set For 28 October. Now What?
Krista Fox
7 minute read
PERSONAL TAX
Our personal tax advice covers everything from selling assets, advice around property and where you are resident for tax purposes (domicile), to planning to minimise inheritance tax on death and setting up trusts.
Get In Touch
Personal tax covers everything that happens to you as a person. And our personal tax advice covers everything from selling assets, advice around property and where you are resident for tax purposes (domicile), to planning to minimise inheritance tax on death and setting up trusts to protect your family.
MAKE YOUR LIFE COUNT
We work with all sorts of people – family business owners, entrepreneurs, shareholders and landlords. It all starts by getting an understanding of your situation, finding out about the people you care about, the money you’ve worked for and where we can help you the most. It sounds obvious but personal tax advice is personal.
OUR PERSONAL TAXATION SERVICES
You could come to us for personal tax advice on something simple like helping you prepare your annual tax return, where you’ll want to know it will be submitted, compliant and on time each year.
You might want clarity on residency status or tax if you have property abroad or you’re a non-UK domicile.
Or, you might be thinking about a big life or business event. We help people protect and pass on wealth using Trusts. We’ll help you with Capital Gains Tax, where we’ll maximise the reliefs available if you’re selling an asset such as property or shares.
And we can help you plan for your inheritance too, looking at how you’ll structure your estate in the best way possible to look after the people or causes you care about.
TAXATION SERVICES MADE EASY
Giving you personal tax advice all starts with listening to you. Our advice is bespoke to every person that we work with. And if you get in touch, it’ll be unique to you and your family.
The reason our tax team is award-winning is simple. It’s because we really care about the people we work with, and our clients value our straight-forward advice and expertise. We’re ultimately driven by knowing we’re looking after people, their loved ones and the things they care about most.
OUR SERVICES INCLUDE
Tax Compliance
Tax compliance is pretty simple to explain. It’s making sure you’re abiding by HMRC’s rules and regulations when you submit your tax returns. At Cooper Parry, our tax team can make sure that’s the case.
Inheritance Tax
When it comes to inheritance tax advice, we typically work with people and their entire family – sometimes looking after three generations. We’ll review and advise you on your Will, work out a strategy to protect your wealth and consider options such as placing your assets or money into a family investment company (FIC) or trust. We’ll work with lawyers and our wider tax team to protect your assets and give you peace of mind.
Trust & Estate Planning
Trusts are ultimately created to help a beneficiary or a group of beneficiaries. They are flexible and there can be huge tax advantages. They can be used to loan money for properties, pay for school fees, provide a regular income and much more.
Residence & Domicile
Your residency and domicile status can change the way you pay certain taxes. You may be a resident in one country but domiciled in another. In which case, you’d be a non-domiciled resident. This means you’d pay tax on overseas income in a different way. And we help people work out where to pay tax, how much tax to pay and the most efficient way of paying it.
Property & Landlords
Supporting property owners with all aspects of running a property portfolio including Stamp Duty, Trusts and Capital Gains Tax. We’ll make sure you’re using the right structures to maximise tax efficiency and save money.
Let’s talk today
Want us to call you? Let’s start a conversation!
Get in touch with Sarah Axe
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Reviews
Jonathon, July 26
Responsive, advice which is on the front foot, thinking further down the line than just today’s advice which adds value and opportunity to work further together to make sure arrangements are correctly completed.
Polly, July 26
I find the tax service difficult, I value having a relationship wher eI can pick up the phone and have someone who understands the business – I’ve not had that at Cooper Parry. Fee quotes and work scopes are disproportionate for the stage of business that we are. Audit was fairly hands off this year; we completed in a tight frame which we appreciated but I’m not sure we got the hands on value add partnership that we’ve had more of in prior years. No mention of FRS102 changes for example which would have been one example of value add from CP in terms of our internal planning.
Gemma, July 26
The team are always responsive to queries and also helpful to introduce me to the right person at CP if they can’t help. Whoever I liaise with are knowledgeable, easy to work with and understand the business needs.
Janie, July 26
Glen and the audit team are always well prepared and now having worked together for 3+ years they whole process has become very good in light of the fact we all know how each party works and can make the necessary allowances for timings and personnel availability
Mark, July 26
Generally very pro-active. Make us aware of any issues that may affect the year end in advance. Also helping re capital allowances in advance of the current year. All of the team are approachable whilst maintaining a strong professional ethic.
Victoria, July 26
Good communication with audit team. Clear audit plan at start of process. Good interaction with audit team during the audit. Frequent check ins. Timelines for audit and reporting have always been met.
Carl, July 26
We use CP predominantly for our annual audit and the process always feels “painless”.
Louise, July 26
Consistent team on the audit each year makes it easier year on year. Prompt response to queries even when not on site. Easy to use portal for uploading documents.
Mary, July 26
Attention to detail and a personalised service
Richard, July 26
Good professional advice always available
