Despite the welter of publicity surrounding so-called ‘tax avoiders’, it remains the case that there are no shortage of uncontroversial tax planning techniques which may reduce the tax liabilities of both personal and corporate clients, without risking the ire of the taxman.
It is rare, however, that tax will be the sole consideration; actions designed with tax reduction in mind will generally have a wider financial impact. The key to effective tax planning is, therefore, ensuring that any solutions employed complement the client’s personal and commercial goals.
Our bespoke planning solutions are individually designed to dovetail with your overall business and lifestyle objectives. Our tax teams in both Rotherham and Sheffield are ready to help you deal with the complexities of our tax system, offer good tax planning advice appropriate to your needs, and reduce your tax exposure.
We will liaise with you extensively to gain an in-depth understanding of your specific circumstances, issues and goals. Only by doing this ‘scoping’ work can we assess your needs and formulate bespoke tax planning recommendations that fit with your individual needs.
Just as importantly, we recognise that tax planning is rarely just a ‘one-off’. Advice can only be given according to your individual circumstances at the time, and within the legislation currently in place. Both of those things can and do change, and it is important to see tax planning as an ongoing process, subject to revision as and when circumstances dictate.