Our aim at David Allen is to offer you complete peace of mind with all your tax affairs.
Whether you run your own business, have a rental property or are about to retire, our team of tax specialists are up to date with changes in tax legislation and will ensure that your affairs are structured in the most tax-efficient way.
Personal and Business Tax
David Allen uses tailored planning solutions to ensure you pay the right amount of tax. We will make sure you, or your business, is compliant in all areas, whether you receive employment income, profits from a partnership or sole trade business, dividends, savings or rental income.
We can offer you advice and assistance on Self-Assessment tax returns, tax repayment claims, State Pension forecasts, National Insurance queries and tax credit claims. We will make sure you are utilising your allowances and lower rate tax bands personally and those of other family members, pension planning, the use of tax-exempt savings (for example ISAs), rental and investment property and trusts.
Effective management of tax affairs, against the backdrop of a volatile and unpredictable economy, is a growing business challenge.
David Allen’s tax specialists will learn how your business operates and help you to achieve your goals in the most tax-efficient manner. We will give you the information and the confidence to make the right decisions to suit your business’ needs.
Capital Gains Tax
You may be liable to pay Capital Gains Tax (CGT) if you make a profit from selling an asset such as shares or a property, or if you make a gift/disposal of assets.
Our tax specialists are able to advise you on the most tax efficient way to structure the sale or gift while making use of any available allowances
Inheritance Tax Advice
Inheritance Tax (IHT) is often something that people don’t find out about until it’s too late.
Our IHT work focuses on effective planning – forewarned is forearmed when it comes to IHT. Our tax specialists will review your estate and calculate your likely exposure to IHT. They will then work with you to ensure your estate is structured in a manner that not only reflects your wishes but does so in a way that minimises the amount of IHT liability.
Tax is an increasingly complicated area but one that is vitally important to individuals and businesses.
David Allen’s tax planning specialists can help you and your business to plan effectively and efficiently, minimising liabilities where possible and reducing the amount of tax you pay whilst remaining fully legal and compliant.
Our tax advice is tailored to you, easy to follow and jargon-free. You will have peace of mind knowing that you have received expert advice to help minimise your tax liabilities.
Tax Investigation Advice
HM Revenue and Customs (HMRC)’s renewed focus on reducing tax evasion and avoidance across the board has increased the chances of any business, individual or company being the subject of a tax investigation.
A tax investigation is disruptive, time-consuming, stressful and difficult to negotiate. David Allen’s tax retainer scheme offers full tax representation, reducing the stress and workload that a tax investigation can generate.
Our tax retainer offers complete peace of mind by covering the professional fee incurred to comply with an HMRC enquiry which would otherwise be payable by you personally or your business/company. The scheme covers enquires in to, but not limited to, personal and business tax returns, business accounts, VAT Returns and disputes including VAT, PAYE, National Insurance and employee tax status.