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Personal Taxation

Personal taxation can be a minefield, and the ever-changing legislation continues to add to its complexity. This is where we can help, our expertise cuts through the jargon and we explain everything to you so you can make informed decisions about your tax.

Our clients appreciate our honesty and willingness to help make things clear and straightforward. If this sounds good to you, please get in touch; we're here to help.

Making tax digital for self-employed businesses

Making Tax Digital (MTD) is changing how self-employed businesses operate. What was once a once-a-year process is becoming a structured, ongoing requirement, with regular reporting to HMRC.

At Watson Knipe, we have taken a proactive approach. We are already working with our clients to put the right systems in place ahead of the first deadlines, ensuring a smooth transition with no last-minute pressure.

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How can we help with your personal taxation?

Here are some ways in which we can help you:

  • The preparation of self-assessment tax returns.
  • Methods of income tax mitigation.
  • Full capital gains tax mitigation service.
  • Preparation of tax returns for Trusts.
  • Advice with inheritance tax.
  • Help with tax investigations.
  • A full Expatriate taxation service.
  • Expatriate tax compliance service.

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Consultants, GPs and Dentists

Medical consultants, GPs and dentists need to understand their tax liability fully. Establishing the correct amount of tax to pay as an individual and a company can make the difference between a practice with good cash flow and one that fails.

We have many years of experience working with clinicians and advising them on the best company structure, how to maximise their allowance and how to reduce their tax liability.

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Expatriate Taxation

We have many clients that live abroad that must pay tax in the UK. Plus, some of our clients work abroad and again need to pay UK tax.  We do our best to keep our clients well informed of all the tax implications in these situations as they can be complicated.

We offer a full Expatriate taxation service, including comprehensive advice on Residence and Domicile issues, as well as expatriate tax compliance services.

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Ready to chat?

Call us today on
01623 490120

or email
info@watsonk.co.uk

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10 Milton Court,
Ravenshead,
Nottingham,
NG15 9BD

Tel: 01623 490120
Email: info@watsonk.co.uk

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