Personal Tax Planning

Our personal tax planning services are not restricted to businesses; we have a dedicated personal tax planning team, skilled at dealing with all individual and personal tax issues. Whether you need assistance with your self assessment tax returns or advice on inheritance tax planning, we at MGT are here to help you.

Our Personal Tax Planning Services include:

Without an effective tax strategy, you could be paying more tax than you owe. Our helpful advice on how to keep liability on income tax to a minimum could save you thousands of pounds a year.

When it comes to Capital gains tax liability, there are multiple methods of keeping them to a minimum. Our experienced team of chartered accountants can advise you on the best methods of keeping CGT to a minimum..

If you are looking to take care of your loved ones, make sure that you have an expert in your corner. MGT can advise you on how to make sure that you give as much of your inheritance tax to your family as possible

If you are planning to make the UK your new home, then you will be entitled to pay your fair share of tax. As the rules are slightly different for non-domiciliary residents, our expert advice can make sure that you are paying the correct amount of tax.

Returning the tax form can be daunting. If done incorrectly, you could be paying the wrong amount of tax for the whole year. With our personal tax services, we can complete the relevant forms for you and make sure everything is in order.

If you miss your tax payments, there could be a costly fine at the end of it; especially if you don’t know you missed it. At MGT, we keep you on top of your tax payments to make sure you never miss a deadline again.

If you are a trustee paying a trust income, it is important to know that there are different tax rates depending on the amount of income. MGT can help ensure you are paying the correct amount of tax as well as advising on any future payments.