Taxation

Reduce the amount of tax you pay

When you work with Hallidays we will structure your business to maximise your tax savings. Tap into the strategic tax knowledge of our tax advisers who are here to support you with all aspects of tax planning while you focus on growing your business.

Why Hallidays

5 reasons to choose Hallidays for tax...

Goals

We will structure your business to put you in the best position to achieve your financial goals.

Trust

By trusting us to understand all aspects of your personal and business finances, we can minimise your tax exposure.

Expertise

Feel free to tap into the tax knowledge of our specialist tax advisers to ensure you pay less tax.

Protection

To reduce the possibility of investigations with HMRC, we will ensure you pay the correct amount of tax on time.

Support

We aim to provide the best advice and will contact you with suggestions to help you save tax.

Corporate & Business Tax

When it comes to corporation and business tax, we can help you minimise your payments and relieve you of the stress and confusion of complying with tax legislation.

You can trust us to prepare and deal with all your business tax matters. Our expertise and experience covers income tax, corporation tax, partnership tax, and self-assessment.

Value Added Tax

We know our way around VAT, and we are happy to advise you on all your VAT matters and assist in compiling your returns.

Personal Tax

We’re your perfect partner to trust with capital gains tax and inheritance tax to help you minimise your future tax liabilities. If you find preparing your annual self-assessment tax return stressful, tedious or [ironically] taxing, we’re here to support you.

Inheritance Tax Planning

Looking to the future is increasingly important to protect the legacy you have created for your loved ones. We’ll help you plan to ensure what you leave in your will is handled in the most tax efficient way. We will assist in both reviewing your exposure to inheritance tax and also suggest ways of mitigating this.

Trusts

One of the ways to plan efficiently to reduce inheritance tax is to create trusts. Trusts are very often created to both mitigate inheritance tax and to help you achieve your aims for your legacy. If required, one of our Directors can be appointed as one of your trustees, giving you peace of mind that your wishes will be carried out how you’d always hoped.

Wills and Probate

We can help you to put a new will in place or to update your existing one. We’re also able to help with the executor’s responsibilities through our probate service. We’ll do as much or as little as you require, which will always start with a conversation with our probate expert.

Executor’s responsibilities

Don’t be scared by the title ‘Executor’! In our role as executor, we ‘execute’ your wishes. This means we help to prepare inheritance tax forms and ensure inheritance tax is paid, which leads to obtaining the certificate of probate. This certificate then enables access to the assets, and to distribute the estate in line with your will.

Lasting Power of Attorney (LPA)

We can assist you in putting a power of attorney in place, so you can have the peace of mind that someone can make the important financial and health decisions for you if ever you become unable to do so. This is something you can put in place at any time, not just when you’re thinking about making a will.

Interaction of Taxes and Strategy

We’re aware that there’s a lot of different types of tax mentioned here. That’s because in real life most solutions are likely to cover several different taxes, such as; inheritance tax, capital gains tax, corporation tax, income tax, stamp duty, as well as other issues such as protecting assets. We can provide a sensible overview and guide you through the options which will help achieve your objectives.

Company Car Tax Planning

Next time you consider buying a new vehicle, we can help by carrying out a planning exercise to ensure you are aware of the most appropriate method of finance and the minimisation of tax liabilities.

Get inspired by our service. Get in touch today

What are you waiting for? For a FREE no obligation meeting call 0161 476 8276 or email hello@hallidays.co.uk.

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