Personal Tax
With the highest rate of income tax presently at 45 per cent and National Insurance contributions at their highest level, there has never been a greater need to ensure that your tax affairs are being dealt with efficiently, and all allowances and reliefs are being claimed. At Beavis Morgan, our dedicated team is committed to providing comprehensive assistance in managing all aspects of your personal and family finances, and our experienced advisers are focused on safeguarding and enhancing your family’s wealth.
Personal Tax: Why Choose Us?
We invest time in building strong relationships with you, gaining an in-depth understanding of your family’s unique circumstances and needs. Based on this understanding, we create a personalised plan tailored to your specific requirements.
We offer a holistic range of services to our private and family clients. Our experts offer guidance on every facet of your personal taxation, including inheritance tax planning, income and capital gains tax management, and the complexities of your annual self-assessment tax return.
We collaborate closely with solicitors and other relevant third parties to ensure that you receive the right advice at the right time.
We conduct regular reviews of your tax management strategy, adapting it to anticipated and unexpected changes in circumstances and the ever-evolving tax legislation. What’s more, by utilising our Tax Investigation Service, you can be prepared for any potential HMRC enquiries.
Personal Tax Services
Inheritance Tax Planning:
Wealth preservation and effective Estate Planning, including Inheritance Tax (IHT) planning are crucial for safeguarding your assets and ensuring they pass on to your heirs as intended. Beavis Morgan offers comprehensive IHT planning services designed to protect your wealth and minimise the impact of inheritance taxes. Our experts will work closely with you to develop a personalised IHT strategy that considers your financial situation, assets, and long-term goals. By utilising various allowances, reliefs, and gifting strategies, we help you plan for the efficient transfer of your wealth, allowing your loved ones to benefit from your legacy.
Protecting your Wealth:
Our Estate Planning team specialises in safeguarding your assets, securing your legacy, and protecting your loved ones through meticulous estate planning. From crafting wills and protective bloodline strategies to addressing severance of tenancy, business succession, and inheritance tax, our experts provide tailored solutions to meet your unique needs. We offer professional executor services, powers of attorney guidance, and comprehensive inheritance tax mitigation strategies. Working with you, we will ensure that your estate plan evolves with your changing circumstances and remains tax-efficient, helping to preserve your wealth and create a lasting legacy for future generations.
Succession Planning: Succession planning is crucial for preserving your wealth for future generations. We offer tailored advice on succession planning, helping you protect your assets and secure your family’s financial future.
Advising on Capital Gains Tax, the Reliefs but also the Pitfalls: Managing capital gains tax is essential in optimising your financial returns. We provide expert guidance on capital gains tax implications, helping you make informed decisions and minimise tax liabilities, particularly in asset sales.
Residential Property Tax Advisory: The tax landscape for residential properties can be complex. Our advisory services are tailored to address residential property tax considerations, ensuring that you make tax-efficient decisions related to property ownership, sale, or investment.
The Use of Trusts for Tax Planning: Trusts are powerful tools for tax planning and asset protection. Beavis Morgan’s experienced team can assist you in implementing trusts tailored to your specific tax planning objectives. Whether you seek to reduce your tax liability, protect assets for future generations, or achieve other financial goals, we can guide you through the trust creation process. Our experts will help you select the most suitable trust structure and ensure compliance with all relevant regulations. With our support, you can leverage trusts as effective tax planning instruments.
Personalised Mortgage Advice: When it comes to securing the right mortgage for your unique circumstances, you can rely on Gladstonei365 Mortgage Brokers, our trusted partner. Whether you’re a first-time buyer embarking on homeownership, exploring options for a second property, or considering a Lifetime Mortgage, their dedicated team is committed to helping you turn your dream home into a reality. Moreover, Gladstonei365 Mortgage Brokers also offers expert guidance for those interested in commercial property lending or expanding their property portfolio. In an ever-fluctuating mortgage market with changing rates and product availability, they’ll ensure that you find a tailored mortgage solution that best aligns with your needs.
Handling Unwanted and Unwarranted Questions from HMRC: Facing enquiries or questions from HMRC can be stressful and time-consuming. Beavis Morgan’s dedicated team can help you effectively manage any unwanted or unwarranted queries from tax authorities. We work diligently to resolve these issues on your behalf, ensuring that you provide the necessary information while protecting your rights and interests. Our experienced advisors will guide you through the process, helping you respond to HMRC’s requests accurately and efficiently. Our goal is to minimise disruptions and help you maintain a positive relationship with tax authorities. Find out about our Tax Investigation Service, protecting you from HMRC Tax Investigations.
Complimentary Consultation
At Beavis Morgan, we are committed to providing you with tailored solutions that safeguard your family’s wealth and ensure your financial affairs are managed with the utmost efficiency.
Your Personal Tax Key Contacts
Beavis Morgan group Tax Investigation Service
HMRC has launched hundreds of investigations against businesses in the last few years. That is why we recommend that all of our clients consider joining the Beavis Morgan group Tax Investigation Service.
Every year, HMRC carries out enquiries into the tax affairs of an increasing number of businesses in the UK. These enquiries can be disruptive, intrusive, stressful and ultimately expensive. By joining our Tax Investigation Service, you will benefit from the peace of mind that comes from knowing you are protected.
Key benefits:
The Services ensures that your professional fees are paid in the event of a check on your tax affairs, and it provides you with expert advice and guidance every step of the way.
Are you at risk of an enquiry?
There does not need to be a reason for HMRC to launch an investigation into your tax affairs and you don’t have to have done anything wrong. Tax enquiries are conducted at random and every taxpayer who submits a tax return is at risk of being targeted.
Download the Beavis Morgan Group Tax Investigation Service Summary document
Subscribe Today
Subscribing to the Beavis Morgan group Tax Investigation Service is cost effective, especially when compared to other risk management measures that you can pay routinely each year.
A small cost now could save you thousands of pounds in the future.
