Personal Tax Planning

Johnston Smillie can help you reduce your tax liabilities in a friendly and efficient manner.

No-one likes paying tax. And each time you do, you’re probably left wondering if you’re paying too much. But trying to get to grips with the ever-changing, complex landscape of personal taxation can often make an already confusing process that bit more stressful.

To effectively reduce your tax bill, you need professional tax advice from personal tax advisers. Enter Johnston Smillie.

The Benefits of Working with JSCA

Whether you’re scratching your head over Self-assessment, querying your Income Tax liability, or you suddenly need to pay Inheritance Tax, JSCA can help guide you through the entire process.

And you won’t be faced with a one-size-fits-all approach when you sit down with one of our friendly personal tax accountants here in Edinburgh.

We offer a specialist personal tax planning service, tailored to your individual needs. This will typically involve:

Advice on minimising tax liability for all personal taxes, including:

  • Income tax
  • Capital gains tax (CGT)
  • Inheritance tax (IHT)
  • Non-domiciliary taxes
  • Completion and filing of relevant returns
  • Advice on what payments are due, and when
  • Advice on trusts and estates

Our goal is to make sure your personal tax position is fully optimised.

You can be certain that you’ll meet all compliance requirements, while also taking full advantage of the various reliefs, allowances, and entitlements available to you under UK tax law.

The Value of a Personal Tax Adviser

Sometimes you’ll be a little too close to the puzzle. An independent adviser can take a step back and view the bigger picture, helping you make sense of your situation.

Your personal tax adviser will be able to advise on a number of important issues, such as:

  • How best to handle benefits such as company cars and accommodation
  • Whether directors should be paid by salary or dividend
  • How to minimise CGT liability on disposal of assets
  • How to optimise your tax position when living or working abroad

And with the complex nature of tax and finance today, we would also encourage you to develop a comprehensive personal finance plan, covering:

  • Provision for education costs
  • Mortgage planning
  • Savings & investments
  • Insurance planning
  • Healthcare provision
  • Retirement planning
  • Estate planning

Note: Decisions made in any of these areas are likely to affect one or more of the others, which is why we recommend working within an overall plan when working with a personal tax accountant.

Crystal Clear Advice

We are driven by relationships, which is why it’s important that we understand what it is you want to achieve through personal tax planning.

We’ll sit down together – either in our offices, or yours – and discuss the ins and outs of your own tax situation.

Only then will we recommend, in the clearest possible terms, the best plan to help you manage your short and long-term tax liabilities.

Contact us today to find out how we can help you reduce your tax bill and manage your personal finances more effectively.

Download our Tax App


Our Personal Tax Planning Experts

Genuinely specialist, highly experienced and regularly trained, our team put great commitment into helping clients business grow and make dealing with personal matters as painless as possible.

What are you waiting for? Get in touch and get professional assistance from Johnston Smillie today. Enquire Now