If you need help with your personal tax return or perhaps some more detailed personal tax advice NG Accounting can cover all of your needs. Our focus is on minimising the amount of tax our clients pay by maximising opportunities to use the full reliefs available to individuals in each tax year, this may be:
- Full use of the personal allowance
- Use of the CGT annual exemption
- Annual IHT exemptions
- Pension contributions
- ISA limits
We also use our knowledge and experience to advise on tax planning, assisting individuals to minimise their income tax liability. We offer ideas such as transferring income producing assets to a spouse and advice regarding the timing income (where this is possible) to take advantage of any upcoming legislation changes.
Our joined up accounting and tax service also means that where an individual is a sole trader or a partner in a partnership (or member of an LLP), the business accounting aspects are considered as well.
Looking for help? Give us a call on 0115 9810000.