One of our specialist and high growth areas is that of tax planning both for private individuals and corporate entities.

Our corporate tax planning ranges from advising your company on the use of losses, group relief, corporate restructurings, remuneration planning and corporation tax mitigation.

We also have a great deal of experience in implementing share option schemes for our corporate clients and in reducing their tax liabilities through research and development claims.

Our income tax planning strategies include looking at tax efficient employee benefits, utilisation of losses, incorporation and EIS relief.

In addition to this we assist our clients with inheritance tax planning and mitigation; contact us if you would like to know how we may help you.

We offer the opportunity for you to join our fee protection scheme, which covers the costs of most enquiries raised by HM Revenue & Customs in the event of an enquiry into your tax affairs.

This cover provides you with real value and peace of mind in the event of an enquiry.

For further information on this service, please view the video presentation or contact us.

Trust work is a specialism of Simpson Wood which has an experienced team of staff dedicated to this activity. Our knowledge of trust and tax law and of its practical application has enabled us, over many years to establish a large and well respected trust department, making us one of the leading practices in the area offering such a specialised service.

Trusts can be set up for immediate use, or they can come into operation after your death under the terms of your will. Common reasons for creating a trust are:-

We will assist in helping you to choose the type of trust which best suits your needs. We will also complete the annual trust accounts and tax returns and review the suitability and performance of trust assets. If required we will act as professional trustee and host trustees' meetings. We will also provide expert tax advice throughout the life of the trust to ensure that the maximum tax benefit is derived.

Simpson Wood can also take over and administer existing trusts if required. If you would like to discuss how trusts can be of use to you please contact us.

We can help you with the preparation of your will whether you need detailed inheritance tax planning or just a straight forward 'family' will.

The strong relationship that we will have with you means that we build up a detailed knowledge of your personal and financial circumstances. This means we are well placed to be able to offer the advice that you need, not only now but also in future years if your personal circumstances change or should changes in tax legislation affect you.

No matter what the value or nature of the assets of your estate might be, it is important that you make a will. This simplifies matters on your demise and makes sure that your estate will pass to your nominated beneficiaries and at the minimum tax cost.

Research from unbiased.co.uk has found that an astonishing 30 million people in the UK do not have a will, meaning that on their death their assets may not be distributed how they would want, and the care of their children is left for others to decide.

We have the expertise to be able to advise on and prepare a will for you in-house and we provide a one stop service for you whether making a new will or updating an existing one.

When the time comes for the administration of your estate to be handled we have the experience and expertise to be able to offer your executors and other family members a comprehensive and supportive estate administration service to enable the administration of your estate to be handled in a timely and cost effective manner. To discuss how we can assist you in these matters please contact us.