Personal Tax Planning

Income Tax

With the tax regime becoming more complex and more emphasis being put on taxpayers’ individual responsibilities, everyone who is subject to taxation needs professional advice and support if they are to optimise their tax position and ensure they meet all the compliance requirements

If you are employed, self-employed, a partner in a business or working in some other way then you will be paying income tax. At a top rate of 40% or 50% it can be expensive – so why not plan for it?

After understanding your current position, your personal needs and objectives we will present planning opportunities that we feel can best fit your circumstances. These can include:

– Enterprise Investment Scheme planning
– Venture Capital Trust investments
– Using other Government approved tax incentivised structures

Whether it is a one off tax event or on-going planning around high net worth individuals we are able to offer access to bespoke planning solutions specifically designed but maintaining the prime objective of reducing individual tax burden utilising Government approved structures.

 

Capital Gains Tax

Capital Gains Tax (CGT) is payable by individuals on the disposal of assets such as property investments or shares, with planning being the first and most important step in ensuring you pay the least amount possible.

At BUTLER Capital we understand the importance of planning these disposals and have the expertise to assist in the planning and identifying potential CGT strategies. After assessing your current CGT position, we then consider your needs and in turn develop a strategy which meets your objectives, thus optimising your returns by utilising structures which can reduce your CGT liability or deferring it. We aim to work with you to provide you with potential options for restructuring your affairs to minimise this tax.

There are many reliefs and exemptions available which can reduce your CGT bill using recognised tax planning vehicles or investments as part of a CGT plan.

By working together with your accountant we aim to manage your Capital Gains in the most tax efficient manner to optimise your returns and assist in the completion of the necessary paperwork.

 

Legal Disclaimer:
Please note, The Financial Conduct Authority does not regulate taxation advice.