Personal Tax

CGT, Inheritance & Personal Tax Advice in Chichester

We provide personal tax advice and a range of services designed to help you maximise your personal wealth in a tax efficient manner. Increasingly, personal income comes from a range of different sources including salaries, investments and assets and our dedicated and experienced tax specialists will work with you to understand your overall tax picture along with any specific wishes for regular income and long-term planning. We then merge all of this together and present options for effective tax mitigation on both a tax year and long-term basis

Personal Tax Returns and Self-Assessment

If you are self-employed, a business owner, Director or have multiple sources of income, you will need to complete a personal tax return each year.

A personal tax return is the annual calculation of your primary sources of income and the tax due. It is important to make sure you capture and report all aspects of your taxable income in your self-assessment return.

Away from your primary income stream, other income derived from alternative sources such as:

  • property rentals
  • share dividends
  • bank interest
  • investments
  • asset disposals

may require reporting and result in payment to the tax authorities.

Capital Gains and Inheritance Tax

We can also offer advice in relation to any Capital Gains Tax (CGT) & Inheritance Tax (IHT) liabilities. As you manage your investment portfolio, IHT and CGT issues typically arise from time to time.

At Evans Weir we provide a complete tax service which calculates your full tax liability (or repayment!). We will then submit the return online on your behalf. Our personal tax planning service is designed to take a proactive approach to managing your income and investments so as to minimise your current and future tax liabilities.