Tax Planning
Tax planning has an important role to play when considering your financial future. By carefully considering the tax implications of your financial plans, Alextra can reduce the amount of tax you have to pay, thereby increasing your disposable income.
Tax Planning for business and personal taxation
Planning for the business owner(s) should be based on a comprehensive approach to both business and personal taxation. Business of corporation tax planning and income tax planning should go hand-in-hand.
Income Tax
We work with our clients to develop plans to mitigate tax which is payable on income, bank interest, landlord income, dividends amongst other things.
Capital Gains Tax
Capital gains tax is payable on any profits resulting from the disposal of assets such as investment property, stocks, shares, and investment bonds. We can help you make use of the various reliefs to reduce the tax burden.
Inheritance Tax
This tax is charged at 40% and is a considerable percentage of inheritance.
With house prices rising over the last few years and continuing to do so, more and more people are being affected by this taxation.
Business / Corporate Tax Planning / LLP
Corporation tax represents a substantial part of your trading costs. Moreover, the increased reporting obligations, robust investigation polices and harsher penalties for non-compliance mean that a lot of your resource can be taken by collecting revenue for the government.
Alextra are specialist tax advisors for businesses and offer a range of services to help you minimise your corporate tax exposure & relieve you of some of the administrative burden of tax planning.
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