Individuals
Humphrey & Co will help you to protect you and your family’s financial future
We will provide you with practical advice, complete essential tasks such as Tax Returns and discuss all your financial options throughout your life.
Talk To UsOur highly qualified experts can provide a bespoke expatriate tax service, to include the following:
- Residence and domicile planning and consultancy
- Tax planning, using domestic UK legislation and Double Tax Treaties
- Liaison with overseas tax advisers to achieve the best possible tax position
- Tax efficient repatriation of funds to the UK for Non-Domiciled individuals
- UK expatriate Tax Returns
- US Federal Tax Returns
We can also provide UK tax and NIC consultancy services for businesses sending employees overseas or recruiting employees from foreign jurisdictions.
If you require further information,
please contact Kevin Hancock .
Inheritance Tax
Humphrey & Co offers comprehensive estate planning services staffed by our team of members of the Society of Trust and Estate Practitioners (STEP) and the Chartered Institute of Taxation (CIOT). We can advise on:
- The impact of capital taxation on our clients’ estates and the issues that their executors may have to consider when it comes to paying inheritance tax after their death
- Inheritance tax reliefs available both in lifetime and on death, to include potential ways to mitigate inheritance tax by way of lifetime gifting and your Will
If you require further information,
please contact Kevin Hancock.
Humphrey & Co provide personal tax planning and compliance services to a broad range of clients, from sole traders and partners, employees and directors, high net-worth individuals to non-UK taxpayers and individuals domiciled outside the UK.
Compliance
Personal tax returns are becoming ever more complicated. We can reduce or eliminate your burden by providing:
- Annual meetings to discuss the Tax Return
- Computerised preparation of your Tax Return
- Calculation of your tax liability
- Secure electronic submission of the completed Tax Return to HM Revenue and Customs
- Calculation of future tax liabilities and advice on due dates of payment
- Advice on tax repayments
- Checks to agree HM Revenue and Customs demands and personal tax coding notices
Planning
We can also help you minimise Income Tax and Capital Gains Tax by the careful planning of numerous issues, such as:
- Utilisation of lower and basic rate bands
- Use of ISAs
- Payment of pension contributions
- Investment in Venture Capital Trusts and Enterprise Investment Schemes
- Charitable donations
- Timing of capital disposals
Tax Investigations
HMRC could investigate your tax return at any time. We recommend to all our clients that they consider taking out our Tax Investigations Service. We can offer comprehensive cover with a cost-effective solution, making our services available to you with the advice and support you may need.
Tax Investigation Service
Over 80% of all tax investigations by HMRC now arise from leads generated by its £80million database system, Connect, according to recent reports.
Why is HMRC investigating?
Last year, HM Revenue & Customs (HMRC) secured a record amount of additional revenue through tax enquiries into businesses and individuals. The target for this year is even higher. Spearheading this approach is an investment in technology that allows tax enquiries to be selected more efficiently and on a larger scale with data from multiple sources e.g. Land Registry, bank accounts and social media. In addition, HMRC's powers to investigate have been strengthened, meaning that all taxpayers are now at greater risk of being investigated than ever before, even if you think you have done nothing wrong.
During an investigation, the questions can be detailed and time consuming to answer. Whether or not HMRC finds extra tax to pay, the costs to defend you can be substantial. Indeed, it has been known for clients to agree to HMRC’s demands simply because of the costs involved in continuing to fight the case. For our subscribers, there is no cost whatsoever (subject to policy limits).
Protect yourself today!
Humphrey & Co has offered a Tax Investigation Service (TIS) to our clients for several years now, and we invite all our clients to share in the protection offered.
Tax investigations can be costly. Investing a small amount into our tax investigation service now means that you will receive complete support if HMRC targets you.
We will manage your case from start to finish, reducing stress and providing peace of mind.
Want to know more?
If you require further information,
please contact Kevin Hancock.
See also - Tax Investigation Service - Business
More than just Accountants
Our clients benefit from our depth of experience and expertise with an established reputation in many fields
We are based in Eastbourne and in Brighton & Hove. However, a client’s location is never a problem as we travel to meet clients at their homes or businesses.
