Personal Tax Planning Services

We live in an increasingly complex world and the tax system in the UK is no exception. Our professional personal tax planning service ensures you optimise your tax position whilst still meeting your legal obligations.

Tax Planning Services

Personal Tax Planning Services

If you dread the annual self-assessment headache, Marshall & Co can help. We deal directly with HMRC on your behalf and, should you be selected for a self-assessment enquiry, act for you at any meetings, ensuring that you do not need to attend.

Not all income is taxable and we will ensure that all tax allowances and deductions are claimed and always take the lead in managing the filing of the return before the deadline, giving you the peace of mind that your taxes have been accurately calculated and reduced to the absolute minimum.

Tax Services

Personal Tax Planning Services

01

Capital Gains Tax

If you sell an asset such as shares or a rental property, you only have 30 days to report any gain to HMRC and pay the tax due - every deduction claimed equates to a tax saving when selling such an asset and Marshall & Co can help you navigate this particular tax maze.

02

Inheritance Tax Planning

Tax may be payable on a person’s estate after they die and it has to be paid before you can apply for a Grant of Probate or distribute the estate. Inheritance tax is charged at a rate of 40% and so planning ahead and knowing what exemptions and reliefs can be applied allows you to pass on more of your hard earned wealth to your loved ones.

03

Income Tax

If you dread the annual self-assessment headache, Marshall & Co can help. We deal directly with HMRC on your behalf and, should you be selected for a self-assessment enquiry, act for you at any meetings, ensuring that you do not need to attend.

Personal Tax Planning

For over 30 years, our professional personal tax planning service at Marshall & Co has helped thousands of clients optimise their tax positions while meeting all legal obligations.

Our experienced and qualified tax team is dedicated to minimizing your tax liabilities through comprehensive services, including income tax self-assessment, capital gains tax reporting, and inheritance tax planning. We simplify the complexities of tax calculations, ensuring accurate filings and claiming all eligible allowances and deductions. Additionally, we offer Markel Tax Investigation Insurance Cover to defend your interests during HMRC investigations, providing peace of mind and robust representation. Let us navigate the tax maze for you, securing your financial future and maximizing your wealth.

Corporation Tax & Capital Allowance Services

Capital Gains Tax Advice

At Marshall & Co, we will guide you through the entire process.

Capital Gains Tax advice and planning is a must for anyone who is considering disposing of a capital asset, be it selling a share of your business, stocks and shares, or a property.

Marshall & Co can advise on this complex issue to ensure that maximum relief is obtained where available.

  • How our corporate tax planning experts can help:

    ●     Determine the most tax-efficient strategy for your business

    ●     Take full advantage of tax opportunities and reliefs

    ●     Achieve the optimum capital or revenue tax treatment

    ●     Reduce tax on disposals and maximise relief on acquisitions

    ●     Make the most of industry-specific tax opportunities

    ●     Meet the rigorous demands of business taxation regulations, including corporation tax.

    ●     Act on your behalf in discussions with tax authorities

    ●     Engage in efficient corporate tax planning, resulting in potentially significant improvements in your bottom line

  • How is corporation tax calculated?

    Corporation tax is calculated based on a company's taxable profits, which includes income from trading activities, investments, and certain other sources. Expenses, allowances, and deductions can be subtracted from the company's total income to arrive at the taxable profit figure. The current corporation tax rate in the UK is set by the government and may vary depending on the level of profits.

  • What are the deadlines for paying corporation tax?

    The deadline for paying corporation tax depends on the company's accounting period and annual turnover. Generally, corporation tax must be paid nine months and one day after the end of the accounting period. Companies must also file a corporation tax return with HM Revenue and Customs (HMRC) within twelve months of the end of the accounting period. Late filing or payment may result in penalties and interest charges.