Are You Ready for HMRC’s new RDEC Regime?
Mark Frost
6 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!
Sarah Axe
Private Client Partner
Get in touch with Sarah Axe
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Reviews
ROBERT, DEC 24
“Prompt service.”
"Good to hear."
JACK, DEC 24
“Clear and concise advice from Candice. 5 Stars!”
"Excellent to hear this."
JACK, DEC 24
“Great clear concise service.”
"Thanks Jack."
JUDITH, DEC 24
“Efficient, friendly service “
"Great to hear Judith."
LIZ, DEC 24
“Although new clients to Cooper Parry therefore the audit took longer than we would like, Tara, Steph and their team have been very good in onboarding us and guiding us through it. Communication has been good between us and CP, and we have now worked out a schedule for the 2024 accounts audit which should mean it will be completed earlier.”
"Thanks for feeding back and working with us to ensure we wow you next year."
CHRIS, DEC 24
“Good team, very responsive.”
"Lovely to hear Chris."
PHIL, DEC 24
“Pragmatic on audit approach, supportive on working through technical areas and overall managed to achieve the deadline. Areas of improvement would be communication to ensure we are all aligned on work requirements, deadlines to work around holidays etc. and where each entity is up to in the audit process so we feel assured we are on track.”
"We really appreciate this feedback and will definitely step up and work on that communication."
HETAL, DEC 24
“The audit was well run with a pragmatic approach where needed. The presentation of the results was also well managed. “
"Fab to hear this, thanks."
JAMES, DEC 24
“Regarding the audit process, we found no specific areas requiring improvement. Throughout the audit, the regular calls and discussions proved highly productive, with responses that were clear, concise, and any queries were resolved promptly. There was continuity within the team with Steph and Hannah who were approachable. There were no instances of duplicated information that would necessitate additional work to be undertaken. Completed by the Plan Secretary on behalf of / with collaboration from the Trustee. “
"Lovely feedback, thanks James."
PETE, DEC 24
“Very quick and efficient in responses and extremely effective in dealing we have had so far.”
"Awesome to hear this."
