Personal TaxPlanning

One of our particular strengths is to combine a number of different approaches when reviewing our client’s financial affairs.

Many of our private clients receive advice that covers one or more of the following aspects.


Income Tax planning

We can create an income tax planning strategy tailored to your personal circumstances. This could include maximising your (and your spouse’s) personal allowances, utilising all available reliefs, and considering the timing of income where possible, to prevent excessive tax liabilities arising.

Capital Gains Tax (CGT) planning

The disposal or transfer of shares or assets may generate a capital gains tax liability, but careful consideration prior to the disposal can help minimise this possibility. Our team can consider your situation and ensure you fully utilise annual exemptions, reliefs and any losses. It is important to seek advice with adequate time to review circumstances and implement any recommended planning before any transaction takes place.

Inheritance Tax (IHT) planning

A major concern for successful individuals is often the issue of inheritance tax. Shorts can help you to preserve your wealth for future generations with the implementation of tax efficient and effective strategies. We would wish to establish a deep understanding of your current financial position and long-term aspirations. From this, we could create a strategy to manage and protect your estate, whilst also providing sufficient capital upon which to live comfortably.

Tax planning for trusts

As trusts are often subject to separate income tax, capital gains tax, inheritance tax and compliance rules, compared to individuals, it is important that trustees have access to specialist trust tax advice. Our team includes STEP qualified individuals enabling us to advise trustees and/or beneficiaries coherently on the creation, maintenance and winding-up of trusts as appropriate.