As a director shareholder, your annual Self-Assessment Tax Return can be time-consuming and stressful, especially if you have multiple sources of income. We’ll ensure your SATR is filed on time and without errors, including your directorship income, dividends and benefits in kind.

We will help you find the right remuneration structure for tax efficient profit extraction. We will factor in your personal allowances, income threshold and any pieces of legislation that apply to your situation, to ensure your net income is maximised.

We can help you optimise your pension contributions, which is one of the most effective tax planning tools available to company directors. We’ll help you balance your annual allowance, carry-forward relief, pension tapering and tax thresholds to reduce your tax bill as much as possible.

When selling shares, assets or property, you’ll need to consider Capital Gains Tax (CGT). We can help make sure you use your full CGT exemption, use losses effectively, and advise on the options available to take advantage of Business Asset Disposal Relief (BADR) to reduce or defer these liabilities wherever possible.

Successful business owners and directors accrue a large estate over the course of their career, which means substantial Inheritance Tax (IHT) bills following your death.

Our team will help you explore all available options to preserve your wealth for future generations, including lifetime gifts, trusts, Business Property Relief (BPR), and Family Investment Companies.

Business owner directors who are non-UK domiciled or split time between countries may see their tax obligations affected by residency and domicile rules.

We will help you understand all of the options and possibilities available to you, and provide guidance on various aspects, including Statutory Residence Tests, remittance basis claims and wider cross-border tax planning.

Trusts can be a useful tool for tax and estate planning with a key benefit in the settlor having the potential to retain control, which is often the main driver. Trusts can also be used for managing your Inheritance Tax liability and providing a structure for future beneficiaries even after the settlor passes away. Our team can advise you on creation, management and taxation of these trusts to make sure your goals are met.

We can also advise on Family Investment Companies (FICs), a popular alternative to trusts for wealth preservation and succession planning.