THL Accountancy

Arrange a FREE consultation

Taxation

Tax Service

With the tax system being more complex than ever before, we think every taxpayer would benefit from professional advice. We offer a personal, dynamic and jargon-free service that will optimise your tax position leaving you with more income and capital to enjoy.

Whether you are an individual, a family, a sole trader, a sub-contractor, or a director of a company we appreciate that all your challenges and goals are totally unique to you and we will tailor our service to suit your needs.

The services we provide to our personal tax clients include, but are not limited to:

  • Preparation and submission of self-assessment tax returns along with advice on the upcoming payments due to be paid to HMRC
  • Advice about National Insurance obligations
  • Advice regarding buy-to-let and holiday let properties
  • Remuneration planning for OMBs
  • Advice on UK residence and domicile
  • Dealing with HMRC investigations, enquiries and disclosures
  • Understanding Stamp Duty Land Tax (SDLT) due when purchasing a house. Dealing with the refund due on replacing main homes within 3 years of vacating the property.
  • Calculating and reporting Capital Gains Tax liabilities and reporting within the relevant time scales including the new 30-day online reporting deadline for residential properties.
  • Inheritance Tax reviews and planning
Arrange a FREE consultation

Income Tax

Individual taxpayers are exposed to numerous complex tax issues especially when their situation involves investing in properties, businesses or using any of the varied investment strategies.
Income tax compliance is fundamental to our work as it often plays a large part in the tax planning. Using our expertise and the latest software, we will ensure that tax returns are completed accurately and, in a time, efficient manner within the deadline.

Arrange a FREE consultation

Capital Gains Tax

Capital Gains Tax liabilities can arise when an individual disposes of an asset (either by sale or gift) which has increased in value since it was acquired. This could include residential and commercial properties, shares and investments or personal assets.

We can help by calculating and reporting the gain, alongside providing advice on mitigating, or delaying the liability as much as possible using the available tax reliefs and deferral methods. We will also help to plan the most tax efficient way to dispose of an asset in the future.

Arrange a FREE consultation

Inheritance Tax (IHT) and Trusts

Inheritance Tax planning is often a taboo subject as many people prefer not to talk about their own death. IHT planning is so important because it is about making sure you can enjoy your life now with enough money to live on, while passing on your assets in the most tax efficient way, either during your lifetime or after.

We can provide a complete review of your current estate to give you an estimate of your IHT exposure under your current will. We will advise you of what you can do to minimise your exposure to IHT, ensuring you keep hold of necessary income and assets to keep you in the life you are currently accustomed to. We can work with current advisors to put in place any actions you would like to undertake, this may include the use of Trusts and updating your will.

Planning at the right time will mean that your money ends up with those you want it to and for the specific reasons you choose.

Arrange a FREE consultation

Want to know more? Arrange a FREE consultation.

Arrange a FREE consultation