It is often said that “death and taxes” are the only two certainties in life.
This has never been more true as, over the past decade, we have seen UK tax legislation triple in size to nearly 10,000 pages so it’s never been more important to get your personal taxes in order.
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In the past decade we have also seen some of the most dramatic changes ever made to the tax landscape, including an overhaul of the employment tax code (2003), the sudden and far reaching changes to the taxation of trusts (2006), a whole new landscape for non-UK domiciled individuals and offshore trusts (2008) and the introduction of the additional rate for income tax (2009).
It has never been more important to take stock of your personal tax position, to ensure that you are fully complying with your tax obligations and to assess whether your affairs can sensibly be organised more efficiently.
Within our tax team we are able to provide practical personal tax advice in relation to a very wide range of issues that may affect you.