Individual taxpayers are exposed to a complex web of taxes, especially when investing in businesses, property and more diverse investment strategies.

Capital Gains Tax Planning (CGT) liabilities can arise when an individual disposes of an asset which has increased in value since it was acquired. It does not matter if the asset was sold or gifted, a CGT liability may still arise.

Estate planning isn’t just about passing on money when you die – it’s also about enjoying life now and ensuring you have enough to live on. This is why it’s so important to start planning early. We can show you how much money you will need, help you to pass on assets in the most effective way, and work with you to reduce or manage an Inheritance Tax bill.

The success of a business is very much down to its employees. Therefore, when the owners of a business are considering their exit plans, a sale to the senior management team can be an attractive proposition compared as an alternative to a trade sale or a sale to private equity.

For certain employees, giving them the opportunity to have a stake in the business can be an important factor in motivating and retaining them. It can also differentiate you from the competition.

It is likely that your business provides benefits to, or pays expenses to, directors and employees. Some benefits and expenses payments are taxable; others are not. We can guide you through the minefield, ensure all tax liabilities are reported correctly, and advise what benefits can be provided to staff without incurring a tax charge.

Capital allowances are a valuable form of tax relief, but we find that many businesses are not claiming their full entitlement. This is sometimes because relief can be hidden within a commercial property.