Services to Private Clients

Our services to private individuals include both personal tax and financial planning.
We have the experience to advise both on financial affairs and commercial issues. We are constantly working on new ideas and improvements to make your life easier.

Tax Compliance 
Meeting all your obligations to provide information to the Inland Revenue while at the same time ensuring that you pay the minimum possible amount of tax is the bedrock of good tax practice. Our personal tax team use the latest computer technology to monitor your compliance with regulations and to ensure that your tax liability is properly calculated.

Capital gains tax
Capital gains tax arises when you sell a significant asset, be it a business, investments, property or other goods. The tax impact can be markedly different depending on the timing of the sale, which may well be a controllable factor. It is also true that the timing and manner of purchase may also affect the eventual capital gain. For both these reasons long term planning can significantly reduce the impact of capital gains. Don't wait until you are considering disposing of any major asset. Discuss your options with us and be confident that you are armed with the right advice when you do eventually wish to dispose of your assets. 

Tax Planning 
The key to managing your tax affairs is forward planning. Anticipating likely future events and arranging matters to minimise the likely tax impact. To do this effectively requires comprehensive knowledge of current tax legislation, an understanding of likely future changes and a lifetime of experience. All these we possess in full measure and will deploy to ensure your tax affairs are organised to your best advantage. 

Trusts 
Many of the ways of arranging your estate to minimise inheritance tax and ensuring the proper distribution of your assets involve the use of trusts. With our expertise in the setting up and administration of trusts we can ensure that the measures taken to protect your estate are effective.

Inheritance tax, Wills and Estates planning
You work hard all your life to provide a reasonable income and capital base for yourself, your family and other dependents - do you really want the Inland Revenue to be one of the main beneficiaries?
Planning your affairs during your lifetime and leaving a proper will on your death can reduce significantly the slice of your estate that the exchequer takes.
At Smith Pearman we will review your current circumstances, your future prospects and your will and recommend practical ways in which you can protect your income and your assets during your lifetime and ensure that the maximum amount goes to the people you want it to go to on your death.

Specialist Advice for Expatriates
The world is becoming a smaller place and with this comes more movement of employees from the UK to work abroad and more foreign nationals coming to work in the UK. For both groups this movement brings with it not only opportunities to reduce taxation - but also pitfalls.
Smith Pearman's taxation professionals have extensive experience of giving advice on cross border employment moves including arrangements available to non-domiciled individuals coming to work in the UK
This advice can be given to individual clients or can be provided through the medium of Advice Clinics run on the premises of ( and paid for by) large multi-national companies.