Personal Tax Planning Solicitors | Individual Tax Advice | SolicitorConnect

Personal tax planning has become increasingly important as tax rates rise and anti-avoidance rules tighten. Our specialist personal tax solicitors help individuals and families optimise their tax efficiency while ensuring full compliance with complex UK tax obligations.

What Our Personal Tax Planning Solicitors Can Help With

• Income Tax Planning: Strategies to minimise personal income tax liability
• Capital Gains Tax Planning: Optimising CGT on investments and property
• Investment Tax Planning: Tax-efficient investment structures and strategies
• Pension Tax Planning: Maximising pension tax reliefs and benefits
• Property Tax Planning: Tax-efficient property investment and ownership
• Inheritance Tax Planning: Strategies to minimise IHT on your estate
• Trust Planning: Personal and family trust structures
• Tax Compliance: Ensuring adherence to all personal tax obligations

Personal Tax Planning Areas

Income Tax Efficiency:

• Salary sacrifice arrangements
• Dividend vs salary optimisation
• Investment income planning
• Pension contribution strategies
• Charitable giving tax reliefs
• Marriage allowance optimisation

Capital Gains Tax Planning:

• Annual exemption utilisation
• Timing of asset disposals
• Principal private residence relief
• Business asset disposal relief
• Investors' relief planning
• Loss harvesting strategies

Investment Planning:

• ISA and pension maximisation
• Offshore investment structures
• Tax-efficient fund selection
• Enterprise Investment Scheme (EIS)
• Seed Enterprise Investment Scheme (SEIS)
• Venture Capital Trusts (VCTs)

High Net Worth Tax Planning

For wealthy individuals, additional considerations include:

• Domicile Planning: UK domicile status optimisation
• Remittance Basis: Claiming remittance basis of taxation
• Offshore Structures: International tax planning strategies
• Trust Arrangements: Complex trust structures for wealth preservation
• Family Investment Companies: Corporate structures for family wealth
• Succession Planning: Multi-generational wealth transfer

Personal Tax Compliance

Our solicitors ensure compliance with:

• Self Assessment: Annual tax return preparation and filing
• High Income Child Benefit Charge: HICBC calculations and planning
• Annual Tax on Enveloped Dwellings: ATED compliance for expensive properties
• Disclosure Requirements: Various disclosure obligations
• Record Keeping: Maintaining adequate tax records

Why Choose SolicitorConnect for Personal Tax Planning

• Personal Tax Specialists: Solicitors focusing on individual taxation
• Holistic Approach: Considering all aspects of your financial situation
• Long-term Relationships: Ongoing support as circumstances change
• Confidential Service: Complete discretion for high-profile clients
• Proactive Planning: Anticipating tax changes and opportunities
• Family Focus: Understanding family dynamics and objectives

Effective personal tax planning can save thousands annually while ensuring your wealth grows efficiently within the tax system.

This information is for general guidance only and does not constitute legal advice. For specific legal advice tailored to your personal tax situation, please consult with a qualified personal tax solicitor.