Our experts can help with personal tax and trusts
At Dominic Hill we provide a comprehensive personal tax and trust service. We can also help with the preparation of tax returns and submitting them to HMRC on your behalf.
Our specialist team offer an advisory service and will discuss your tax liabilities too, so that you can benefit from any claims available. Trusts can offer efficient solutions for wealth and succession planning, in some cases reducing capital gains and inheritance tax liabilities, but they can be time consuming and a complex affair.
Our team are tax specialists that also know when a trust is beneficial. They can guide you through the complexities of tax and succession planning. This may involve the use of trusts and/or other arrangements such as family investment companies, advising on the most tax-efficient way to arrange your affairs, based on your own personal circumstances.
Our team can also assist with all aspects of trust administration including preparing annual accounts and trust Self-Assessment Tax Returns.
We work on a fixed fee basis and once we understand your circumstances and requirements a fee quote will be provided.
Our personal tax and trusts specialists deliver:
- Self-assessment and preparation of tax returns
- Personal tax planning
- Capital Gains Tax
- Moving to or leaving the UK
- Inheritance tax planning
- Personal tax enquiries and disclosures to HM Revenue & Customs
Services frequently provided to our trust clients include:
- Preparation of trust and estate accounts, interim accounts and self-assessment tax returns
- Advice on the suitability of a trust structure
- Finalising of a deceased’s tax affairs to date of death.
- Preparation of statements of estate income and completion of forms R185
- Capital Gains tax planning for estate and trust beneficiaries
- Active estate planning to minimise future inheritance tax liabilities
- Reviewing the ongoing effectiveness of a trust created through a Will and assisting the family of the deceased with a future strategy
Everything about Dominic Hill has been absolutely amazing
We have been with Dominic Hill for around 4 years after leaving our last accountants due to different circumstances, it was by far the best decision as a business we made. The communication, the help, the knowledge, the fees, everything about Dominic Hill has been absolutely amazing. My personal accountant Katy from Dominic Hill has been a trooper for our business in some of the toughest circumstances over the last 2 years. She has gone above and beyond for us, setting up meetings with companies I never even knew existed to help propel our company even further. I honestly couldn’t recommend them enough. There is so much more I could add but I am sure I need to leave room for all the other positive reviews you are about to read.