We specialise in advising personal clients to minimise their tax liabilities and have developed our services to give you more choices in tax planning, whatever your circumstances.

TWP tax experts lead the delivery of our tax services, ensuring that you benefit from the focus afforded by a single, senior point of contact. Tax planning is always linked to your personal financial goals and objectives and you can be assured of a holistic approach to tax at all times.

Personal Tax

The inception of self assessment for individuals has brought increased burdens on all taxpayers as it is now your legal obligation to meet the deadlines imposed by the legislation and avoid unnecessary fines and interest charges.

We are highly experienced professionals in this field and we can help you to meet all of your tax obligations.

Our range of services includes:

The preparation of personal and trust returns together with tax computations and corresponding with HM Revenue & Customs and dealing with any enquiries under the self assessment legislation.

• Tax efficient remuneration planning.
• Pension planning.
• Inheritance tax advice.
• Stamp Duty and Stamp Duty Land tax.

If you wish to know more about our tax service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please call 01932 704700 or email service@twpaccounting.co.uk

Inheritance Tax Planning

With the huge increase in property values, inheritance tax is an issue that could give rise to unexpected liabilities for the unwary. We can provide expert planning advice on the mitigation of potential inheritance tax liabilities.

We aim to produce an effective plan that both meets your requirements and tax savings.

The matters which will be considered in planning effective inheritance tax savings are:

• The use of trusts where appropriate
• Examination of private limited company share structures to ascertain the advantages of any share reorganisation
• Planning in respect of the family home
• Ensuring the wills are tax efficient
• Consideration of lifetime gifts
• Ensuring that all pitfalls are avoided e.g. gifts with reservation of benefits

If you wish to know more about our inheritance tax planning service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please call 01932 704700 or email service@twpaccounting.co.uk

Trusts and Estates

Estate planning is not just about reducing inheritance tax bills.  It also means making sure that there are funds to meet costs arising through old age or infirmity.

In appropriate cases, it also means being able to retain control over gifts (such as shares in family companies) or retaining discretion as to which family members may benefit and to what extent.

There will be cases where the creation of a family trust will be appropriate and we can fully advise on all aspects of creating and managing trusts. There are several different types of trust in use and we can advise on the most appropriate type for your circumstances.

Whilst our advice is limited to UK taxes, we have associates through our international network who enable us to present global solutions to your tax issues.

If you wish to know more about our trusts and estates service or would like to arrange a free initial meeting in order to discuss how we can help you in more detail please call 01932 704700 or email service@twpaccounting.co.uk