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Services for Individuals

Personal Tax Planning

Peter Howard & Co offer a specialist personal tax planning service tailored to your individual requirements. This includes:

  • Advice on minimising tax liability for all personal taxes including:
    • Income tax
    • Capital gains tax (CGT)
    • Inheritance tax (IHT)
    • Non-domiciliary taxes
  • Completion and filing of relevant returns
  • Advice on what payments are due and when

… and much more.

Please contact us to discover how we can help you.

Property Tax Mitigation

Recent trends in the housing market have served to boost the popularity of investing in property, while also leaving an increasing number of homeowners liable to taxes such as inheritance tax (IHT).

Property ownership has a number of different tax implications, which is why it is essential to put in place adequate tax planning measures.

We can provide you with advice regarding all tax aspects of buying, selling and letting property.

If you are about to invest in, dispose of, or let property and you would like to discuss any of the issues raised, or the exemptions which may be available to you, please get in touch with our specialist tax team.

Inheritance Tax and Estate Planning

Inheritance tax is currently payable where a person’s taxable estate is in excess of £325,000. Therefore, if you own your own house and have some savings, life assurance policies or other assets, your estate could be liable.

We can advise on all aspects of estate planning, including:

  • Inheritance and capital gains tax planning
  • Business property relief
  • Using trusts
  • Making gifts in life-time
  • Tax efficient wills

We strongly recommend that you contact us as soon as possible to review your inheritance tax position.

Self Assessment

Many taxpayers struggle to understand the complex tax returns and complete them correctly. Furthermore, ongoing changes to tax legislation mean that taxpayers risk incurring more penalties through failing to complete their returns on time or correctly.

We aim to ease the stress often caused by self assessment and help you avoid costly mistakes, by offering a comprehensive self assessment service.

We can relieve you of the self assessment burden and save you time, worry, and money by handling this process for you. We will do all the necessary computations, complete your return, and even offer advice on how you can minimise your tax liability.

We can deal directly with the HM Revenue and Customs on your behalf and, should you be selected for a self assessment enquiry, act for you at any meetings.

Tax Investigations Service

Our Tax Investigations Service supports our clients in the event of certain HM Revenue & Customs investigations and reimburses the professional fees incurred defending you during an investigation.

Our comprehensive service covers the following events that all our clients are eligible to benefit from:

  • Income Tax Self Assessment Full and Aspect Enquiries
  • Corporation Tax Self Assessment Full and Aspect Enquiries
  • Employer Compliance Disputes
  • HMRC VAT Disputes
  • IR35 Enquiries

As an additional benefit, all clients who take out this service have access to a free 24 hour business legal helpline covering the following areas:

  • Commercial
  • Employment
  • Health & Safety matters

Please contact our experienced, specialist Tax Advisers for more information and to request an application pack

Retirement Strategies

Planning for your eventual retirement can easily be overlooked, especially if you are concerned with the day to day running of a business. Yet with careful and timely planning you will be able to make the most of the options available.

We can assist with the following:

  • Devising an exit strategy
  • Tax-efficient disposals
  • Management buy-outs
  • Pension provision

Contact us today to discuss how we can help you plan effectively for your retirement.

1 Wharfe Mews House, Cliffe Terrace Wetherby, West Yorkshire LS22 6LX

t 01937 580004 f 01937 580337
e accounts@peterhoward.co.uk

VAT NO 431 0454 96

Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers

Chartered Tax Advisers, Sage