Personal Tax
Personal Tax
If you are a UK taxpayer our experienced tax team provide a comprehensive range of specialist tax services to individuals. We offer personal tax advice to hundreds of clients with vastly differing circumstances from very simple tax to those with complex UK tax affairs.
Whether you are an individual, business owner, company director or property owner, you will be looking to protect your assets in the most tax efficient manner. PetersonSims are best placed to help with compliance and tax planning and help to optimise tax reliefs and exemptions that could reduce your tax bill.
We are specialists in:
- personal income tax including completion and submission of tax returns
- business tax including corporate, sole trader or partnership
- national insurance
- capital gains tax
- inheritance tax
- expatriate tax
- international tax
- residence rules and domicile status
- property and holiday lettings
Self Assessment Tax Returns
The filing of your self-assessment tax return need not be a chore. PetersonSims provide a full tax return compliance service (for a fixed fee) which includes :
- preparation of your tax return
- ensuring that every deadline is met
- claiming any reliefs, deductions and allowances
- a computation of your tax liabilities for the year
- a schedule of payments due
- e-filing submission of your tax return
- suggestions for mitigation of your liabilities for the current and future years
Bespoke Tax Advice
For high-earners and employees with stock options or RSUs, there are opportunities to reduce your tax liabilities. Our experts would asses your personal situation, investigate and report and recommend potential areas that could be saving you money.
phone
UK +44 (0)208 068 1400
Personal Tax Updates
2022 Spring Statement and UK Governments Tax Plan
2022 Spring Statement and the Governments Tax Plan to Reform and Reduce Taxes Chancellor Rishi [...]
UK Capital Gains Tax Regime | April 2020
New UK Capital Gains Tax Regime for individuals from 6 April 2020 There is a [...]
Government Support for Job Retention | Furloughed Employees
UK Government Support for Job Retention | Furloughed Employees If you and your employer both [...]
UK Capital Gains Tax Changes
Significant update on UK Capital Gains Tax Thanks to our friend Peter Vaines of Field [...]