Tax Planning
Perrys’ major specialism is tax planning. The UK’s tax regime is extremely complex which gives considerable opportunity for efficient tax planning – in many ways there are far greater opportunities than would arise with a simpler taxation system.
We can almost always devise efficiencies that create very substantial tax savings. Have you ever calculated how much a year you and your business pay in Corporation Tax, VAT, PAYE, National Insurance and on individuals’ personal income tax? It is likely to be a very substantial sum. Perrys approach is to look at a client’s overall tax position and advise where tax savings can be achieved.
These might include forming limited companies, using reliefs available such as Gift Aid and Enterprise Investment Schemes, pension contributions and employee benefit schemes.
Inheritance Tax planning is often an area that is widely ignored. However, we have a specialist who can advise on all inheritance tax and trust matters.
There are very few people who do not want to reduce their overall tax burden. Equally we find that there are significant opportunities available. A regular review in this area can save even the smallest of clients many thousands of pounds per annum.
