I deal with all aspects of income tax, from checking your tax code to making sure that you are paying the correct tax on any employment benefits, whilst at the same time claiming all possible tax reliefs and expenses, including pension contributions and gift aid payments.

I can handle all types of repayment claims, including agreeing tax refunds on EIS, SEIS and VCT investments.

I also advise on all aspects of residence and domicile issues.

The Tax Angel can help you:

• Agree your PAYE tax code
• Check employment benefits & review expense claims
• Deal with backdated claims for tax relief
• Advise on pension contributions and excess pension savings charges
• Claim tax relief on investments in EIS, SEIS and VCT schemes
• Domicile & residence advice when leaving or returning to the UK

Whether you are an experienced landlord or just getting ready to let out your first property, or have even become a landlord unintentionally, The Tax Angel can help.

I have extensive experience in dealing with all areas of property taxation. Whether it’s completing your annual rental accounts and advising you how to maximise your allowable expenditure, or helping you make a backdated disclosure of rental income to HM Revenue & Customs using the Let Property Campaign.

The Tax Angel can help with:

• Annual rental accounts
• Let Property Campaign disclosure and settlement with HMRC
• Tax obligations of renting out a property
• 60-day CGT reporting for UK residential property
• Tax implications of owning a second property
• Selling or gifting land or property
• Stamp Duty Land Tax Overpayment Claims

Capital gains tax (CGT) is a tax on the profit you make when disposing of an asset by way of sale or gift which has increased in value. Even though you do not receive any proceeds when you gift an asset to someone, it is still a chargeable disposal for CGT purposes. There are however exceptions if you gift and asset to a spouse or civil partner.

The Tax Angel can:

• Calculate capital gains tax
• Identify and claim capital gains tax reliefs
• Maximise capital losses
• Defer CGT and advise on holdover elections
• Identify exempt assets
• Review CGT reliefs on death
• Advise on CGT issues for non-residents

Inheritance tax (IHT) is sometimes referred to as a ‘voluntary tax’. This is because there are so many ways to significantly reduce or even eliminate the IHT charge altogether.

I can review your assets and your will to calculate your potential IHT charge and advise you of the reliefs and exemptions you are able to claim to minimise your exposure to IHT.

The Tax Angel can help with:

• Making the most of IHT reliefs and exemptions
• Maximising your Nil Rate Band (NRB) and Transferable NRB
• Advising on the Inheritance Tax Residential Nil Rate Band (RNRB) and Transferable RNRB
• Completion and submission of IHT returns in lifetime and on death
• Calculating IHT due on lifetime gifts and on the death estate
• Claiming IHT exemptions in lifetime and on death

Trusts can be set up in your lifetime or on death.

Lifetime trusts are used where you may be concerned about the impact of care home fees on the value of your estate or you may be worried about passing assets directly to loved ones, which may be at risk if they face financial difficulties or divorce.

Will Trusts are set up on death and are commonly used in cases of a second marriage where you want your surviving spouse to benefit, but ultimately want to leave those assets to your own children.

The Tax Angel can help with:

• The tax implications of setting up a trust and the ongoing taxes and filing requirements.
• Advice in respect of the costs and work involved in setting up and running the trust.
• Identifying the assets to be placed into the trust.
• Deciding who you will appoint as trustees.
• Deciding who will benefit from the trust and how they will benefit.

Tax planning in simple terms is reducing your tax liability through the best use of all available allowances, deductions, reliefs, exclusions, and exemptions.

It is essential if you want to get the most out of your hard-earned money.

Personal tax planning usually covers income tax, capital gains tax, inheritance tax and non-resident tax issues.

The Tax Angel can help with:

• Employment claims and expenses
• Pension reliefs
• Tax relief on EIS, SEIS & VCT investments
• Capital gains tax mitigation
• Maximising IHT exemptions
• Use of trusts
• Domicile and residency issues

Tax enquires are worrying and often clients who have been dealing with their own tax affairs employ professional help if they are faced with an HMRC investigation.

From simple tax enquiries, to HMRC ‘nudge letters’, to more complex investigations and voluntary disclosures I can help.

I will act on your behalf in dealing with HMRC, so that your direct contact with HMRC is kept to a minimum.

The Tax Angel can advise on the following:

• the matter being investigated so that you can correct any issues at an early stage.
• Review any submissions made to HMRC and identify any inaccuracies or omissions
• Deal with matters with HMRC to bring your tax position up to date
• Advise and calculate any interest and penalty charges
• Handle negotiations with HMRC
• Agree your tax liability with HMRC and conclude the enquiry
• Apply for a closure notice from HMRC to confirm that your tax position has been settled