Personal tax

Our personal tax practice has clients who are stand-alone individuals from many walks of life as well as clients whose personal tax affairs we manage as a result of the work we do for their businesses.

We discuss profit-extraction, tax planning issues and (all too frequent) changes in legislation with clients and make sure their tax returns are submitted accurately and on time.

Your self-assessment tax return has to be submitted by January 31 following the end of the tax year, otherwise penalties are applied, starting at £100.

Furthermore, if your income is largely comprised of dividends or profits from a self-employed business then you have to pay tax on July 31 and January 31 each year. This can be very painful when you start, so good planning is essential.

Two things are certain in life – death and taxes. So, if life’s too short to get your head around the taxes – we’re here to help!