Tax Planning

Tax planning advice

At Smart Accounting, we offer comprehensive tax planning services designed to help you minimize your tax liabilities. Whether you’re managing personal self-assessment income tax, company tax, or VAT, our expert team is here to provide clear, strategic guidance. We cover a wide range of areas, including payroll, capital gains tax (CGT), inheritance tax (IHT), and research and development (R&D) tax credits, helping you make the most of available tax-saving opportunities.

We also specialize in tax advice for landlords, ensuring you pay the minimum amount of tax on rental income and capital gains. Our proactive approach focuses on identifying tailored solutions that meet your financial goals while ensuring full compliance with tax laws. At Smart Accounting, we are committed to helping you navigate the complexities of the tax system, ensuring you never pay more than necessary and making tax planning a seamless part of your financial strategy.

Inheritance Tax Planning Services

Inheritance tax can place a significant financial burden on your family after you’re gone. At Smart Accounting, we understand how crucial it is to plan ahead to protect your wealth and ensure your loved ones are taken care of. Our inheritance tax planning services are designed to help you reduce the impact of inheritance tax on your estate, ensuring that your assets are passed on according to your wishes.

Our experienced team at Smart Accounting takes a personalized approach, working with you to understand your financial situation, family dynamics, and long-term goals. Based on this understanding, we create a bespoke inheritance tax strategy tailored to your needs. Our services include:

  • Evaluating your current inheritance tax liabilities and future risks
  • Advising on tax-efficient strategies like trusts, gifts, and exemptions
  • Helping develop an estate plan that minimizes inheritance tax exposure
  • Ensuring your will is up-to-date and tax-optimized
  • Guiding you on maximizing available allowances and reliefs, such as Business Property Relief and Agricultural Property Relief
  • Collaborating with legal professionals for seamless integration of tax planning

At Smart Accounting, our goal is to help you safeguard your wealth for future generations. With our expert advice, you can be confident that your inheritance tax planning strategy will protect your assets and bring peace of mind to you and your family. Reach out today to explore how we can assist in securing your family’s financial future.

Tax Advisory Services

Whether you need straightforward personal tax advice or more complex guidance on capital gains tax (CGT) or inheritance tax, Smart Accounting is here to provide expert solutions cutomised to your needs. We specialize in offering the most tax-efficient strategies to help you navigate various tax challenges and make informed financial decisions.

When you require advanced tax planning, you need a trustworthy and experienced advisor by your side. Our team takes the time to thoroughly understand your personal circumstances, ensuring you benefit from all available tax exemptions and allowances. With our detailed advice, we’ll help you make the most of your financial situation while minimizing your tax liability.

Our Services to You

At Smart Accounting, we specialize in providing reliable and efficient accounting and tax services to self-employed individuals, business owners, and company directors. We understand the complexities involved in managing your finances, and we’re here to simplify the process, so you can focus on running your business. Whether you’re navigating tax returns, VAT, or year-end financial statements, our expert team is ready to assist you in all aspects of accounting, making sure you comply with HMRC and Companies House requirements.

As proactive accountants based in East London, we pride ourselves on being highly accessible to our clients. We believe that clear, prompt communication is key to building strong relationships. That’s why we provide same-day responses to all phone and email inquiries. You’ll never have to wait for days to get the answers you need. Whether you have a quick question or need in-depth advice on your finances, we’re always available to help.

Our service is centered around understanding your specific needs. Each business is different, and we take the time to understand the unique financial and tax requirements of your business. Once we have a clear understanding of your operations and objectives, we allocate a dedicated account manager to guide you through your financial and taxation matters. Your account manager will be your point of contact, helping you navigate the complexities of accounting and ensuring that your filings are completed correctly and on time.

One of the core principles at Smart Accounting is ensuring that you never pay more tax than you need to. We will work with you to identify tax-saving opportunities and help you optimize your financial situation. Whether it’s ensuring you claim all available allowances, using tax-efficient strategies, or ensuring your business is structured in the most tax-effective way, our team is dedicated to making sure you get the best possible tax outcome. We understand the financial strain of overpaying taxes and will always look for ways to minimize your tax liabilities.

We operate on a fixed-fee basis, so you’ll know exactly what you’re paying for upfront. We understand the importance of transparency when it comes to pricing, which is why we offer clear, predictable fees without any hidden costs. This ensures that you get the value you deserve without worrying about fluctuating fees or unexpected charges. Our fixed-fee approach also means that our interests align with yours—we’re committed to providing excellent service and value, without the worry of surprise invoices.

At Smart Accounting, we also help businesses stay on top of their filing obligations with Companies House and HMRC. Staying compliant with tax laws and regulatory requirements is crucial for the long-term success of your business. With our expert support, you can rest easy knowing that your accounts are up-to-date, and your tax filings are submitted on time, every time. If you’re looking for a trusted, proactive accounting partner in East London, look no further. Contact us today to learn how we can help you streamline your accounting processes, reduce your tax burden, and ensure your financial affairs are in order.