Tax Advice for Individuals

Tax Advice for Individuals

Over the years, our principals have provided personal tax advice to hundreds of individuals in Hemel Hempstead and the surrounding area, from simple self-assessment tax advice and other tax filings to more complex advisory services, landlord tax returns, inheritance tax planning, capital gains tax advice, and more. Here at Hawthorne Tax Consultancy, our aim in every instance is to minimise your tax liability and maximise your wealth.

Self-Assessment Tax Advice in Hemel Hempstead

You may need to submit a self assessment return for several reasons, such as:

  • You earn over £100,000,
  • You need to get higher rate pension relief
  • You have offshore income
  • HMRC has requested that you file one

At Hawthorne Tax Consultancy we will make the self-assessment tax process as easy as possible including making all the deductions and claiming any reliefs, allowances, and repayment that you might be due.

Capital Gains Tax Advice in Milton Keynes

If you dispose of an investment property, shares, stocks, or even your own home, you may have to pay Capital Gains Tax on your proceeds.

There is a wide range of reliefs and planning opportunities, associated with capital disposal and we aim to ensure that that you are not paying more than what you have to. Get in touch today to discuss your capital gains tax advice requirements.


Inheritance Tax Planning (IHT) in Watford

When people think of inheritance tax, they think of the amount payable by estates on the death of an individual. However, inheritance tax can also be payable on other certain lifetime events including certain gifts and transfers.

Calculating these lifetime transfers can be incredibly complex, and proper advice must be sought to ensure that the correct tax has been paid. Hawthorne Consultancy can make sure that the impact of the IHT rules is minimised by proper planning.

Landlord Tax Returns in Hemel Hempstead

If you own a rental property or holiday let in the UK or offshore, then you may have to inform HMRC and pay landlord tax on your rental income.

Having an experienced accountant is vital to guide you through the landlord tax return process and make sure you stay compliant with HMRC.


Bespoke Tax Advice in Hemel Hempstead, Milton Keynes and Watford

In addition to our other personal tax services, we have the expertise to advise individuals across their entire portfolio ensuring that all available reliefs and planning opportunities are optimised to identify those areas where they could be saving money.

If you have any questions regarding our tax services for individuals in Hemel Hempstead, Milton Keynes and Watford, whether it’s self-assessment tax advice, filing a landlord tax return, inheritance tax planning, or capital gains tax advice, then get in touch today.