Personal Tax, Self Assessment & Private Client

A Self Assessment tax return prepared here is agreed to source documents: P60s, dividend vouchers, bank interest certificates, rental statements and pension contributions, rather than typed from a summary. The return goes to you with a schedule explaining each figure and the payments on account for the year ahead, and it is filed only after you have approved it. We also tell you in advance when a payment is due, not after the interest has started.

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Directors and shareholders have returns where the company and the individual interact: dividends must match the company's records, benefits must agree to the P11D, loan account movements can create a benefit or a charge, and pension contributions may be made by either party. We prepare the personal return from the company's figures we already hold, so the two never disagree, and we check the extraction plan against the actual outcome.

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Sole traders and partnerships need trading accounts prepared on the correct basis period rules, a decision on cash or accruals accounting, and for partnerships a partnership return and a statement allocating profit to each partner before individual returns can be completed. We prepare the accounts, the partnership return and the partners' personal returns together, with the capital allowance claims and any losses treated consistently across all of them.

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Making Tax Digital for Income Tax requires sole traders and landlords above the qualifying income threshold to keep digital records and send quarterly updates through compatible software, with an end-of-year declaration replacing the return. We confirm whether and when you are in scope, choose and set up the software, decide how income is split across properties or trades, and run or review the quarterly submissions so nothing is missed.

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Landlords and property income work covers the rental accounts for each property, the restriction of mortgage interest to a basic rate reduction, allowable repairs against improvements, joint ownership splits between spouses and others, and the changes that removed the furnished holiday let rules. We prepare the property pages, keep a schedule of capital costs for the eventual sale, and tell you what the incorporation question looks like on your numbers.

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Overseas income and foreign property have to be reported on the foreign pages in sterling, with foreign tax credit relief claimed for tax already paid abroad and the correct classification of overseas rental income, dividends and interest. We deal with the conversion, the relief claim and the interaction with any treaty, and we check whether the remittance basis or the newer rules for people who have recently arrived in the UK change the answer.

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Non-resident landlords and NRCGT work covers registration under the Non-Resident Landlord scheme so rent can be received without deduction, the annual UK return for the rental income, and the separate return that must be filed within sixty days of completing the sale of UK property, whether or not tax is due. We handle the registration, the annual filings and the sixty-day report, and we coordinate with your adviser in your country of residence.

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Residence, domicile and split-year treatment questions are answered by the Statutory Residence Test: days in the UK, ties to the UK, work patterns and the timing of arrival or departure. We apply the test to your facts, keep the day count evidence, claim split-year treatment where the conditions are met so only part of the year is taxed as a resident, and plan the dates of moves where a few days either way changes the outcome.

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Capital gains tax work covers the sixty-day report and payment on the sale of UK residential property, share disposals with matching rules and pooled costs, private residence relief and lettings relief on a former home, and loss claims that reduce the gain or carry forward. We calculate the gain from the original cost and improvements, apply the reliefs that fit, file the sixty-day return where it is needed and report the disposal again on the annual return.

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Crypto and investment trading tax starts with the question of whether the activity is investment or trading, because the answer changes the tax and the reporting. Crypto disposals, including swaps between tokens, are capital gains events with pooled costs; CFD and forex positions are usually gains or losses with their own rules. We reconstruct the transaction history from exchange and broker exports, apply the matching rules and report the result correctly.

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The High Income Child Benefit Charge claws back child benefit through the tax return once the higher earner's adjusted income passes the threshold, and it is routinely missed by people who do not otherwise file a return. We work out whether the charge applies, whether pension contributions or gift aid reduce it, and where it was missed in earlier years we bring the position up to date with HMRC on the most favourable basis available.

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Pension allowances and annual allowance charges arise when contributions across all your pensions exceed the annual limit, which tapers for higher earners and is reduced once money purchase benefits are accessed. Unused allowance from earlier years can often be carried forward and is regularly missed. We calculate the available allowance, the carry-forward, and any charge, and we report it on the return or arrange for the pension to pay it where that is permitted.

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Inheritance tax and estate planning looks at what the estate would pay today and what can be done over time: lifetime gifts and the seven-year clock, business property relief on trading company shares, the residence nil rate band on the family home, and the treatment of pensions. We quantify the exposure, set out the options with their tax effect, and work with your solicitor on wills and any trust so the plan is documented and reviewed as circumstances change.

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Trusts and estates carry their own filings: registration on the Trust Registration Service, annual trust tax returns, forms for beneficiaries and, for an estate in administration, income and gains reporting until it is wound up. We register the trust, prepare the returns, deal with the tax on distributions and provide the statements beneficiaries need for their own returns, and we work with executors and solicitors through the administration period.

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Tax return amendments and error correction cover returns prepared by someone else that are wrong, incomplete or claimed something that was not available. A return can be amended within the statutory window, and earlier years can be corrected by a claim or a disclosure depending on the direction of the error. We review the original, quantify the difference, choose the right route and manage the correspondence with HMRC so the correction is made once and properly.

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