Avoid paying tax again on wealth you have already accumulated and been taxed on.
Tailored wealth succession planning can enable a smooth transition to the next generation while minimising inheritance tax liabilities. Butterworths Accountants advise individuals whose estates are close to the nil-rate band as well as those with significantly larger estates.
We provide guidance on techniques to mitigate inheritance tax on family homes, family businesses and investment portfolios, and advise on both lifetime gifts and wills.
Estate planning is not just about tax. We take a practical, common-sense approach to ensure your own financial security is protected and to help you avoid giving away too much too soon.
Management Accounts and Information
If you measure it, you can manage it. Up-to-date, relevant and timely management information allows you to make better business decisions.
Butterworths Accountants provide monthly or quarterly management accounts, key performance indicator reporting and comparisons of actual performance against budgets or prior periods. We also supply branch and divisional results, costing information and break-even analysis.
We can help you set up in-house systems to produce your own management information and provide training on how to get the most value from it. We also prepare management information for lenders when required.
Our aim is to give you clear, practical insight into how your business is really performing so you can plan with confidence.
Personal tax planning
[insert firm name] can help with the complex issue of personal tax, we know it can be difficult to understand, which is why we help every step of the way. We take away the time and stress by creating a tax planning strategy that suits your tax affairs, helping ensure you pay the least amount of tax. Our team will advise when payments are due along with what forms need to be filed and returned to keep you compliant.
Capital gains tax
You may be looking at investments, a second property or another asset and our team can make sure you maximise your exemptions while simplifying the difficult area of capital gains tax.
Self assesment
Our tax services make sure that your tax liability is calculated taking into account all allowed exemptions and deductions. We simplify the process by using accountancy software to accurately complete tax returns and calculate any tax liability that may occur, along with any payments that need to be made.
Corporation tax
Corporation tax reliefs and rates change annually, so we ensure that we can provide all the right guidance and advice when looking at exemptions, allowances and deductions that may be available. We will thoroughly review and prepare corporation tax returns in great detail in order to ensure you are compliant and that you don’t incur any penalties.
Our Core Services
