Taxation for individuals and trusts

Managing your own tax affairs, or those of a trust, can be complex.

Do you need help understanding how to manage your taxes regarding income tax, inheritance tax, capital gains tax and trusts? It may be that you want to distribute some of your wealth but are concerned about the financial administration?

Our experts can help with personal tax and trusts

At Dominic Hill we provide a comprehensive personal tax and trust service. We can also help with the preparation of tax returns and submitting them to HMRC on your behalf.

Our specialist team offer an advisory service and will discuss your tax liabilities too, so that you can benefit from any claims available. Trusts can offer efficient solutions for wealth and succession planning, in some cases reducing capital gains and inheritance tax liabilities, but they can be time consuming and a complex affair.

Our team are tax specialists that also know when a trust is beneficial. They can guide you through the complexities of tax and succession planning. This may involve the use of trusts and/or other arrangements such as family investment companies, advising on the most tax-efficient way to arrange your affairs, based on your own personal circumstances.

Our team can also assist with all aspects of trust administration including preparing annual accounts and trust Self-Assessment Tax Returns.

We work on a fixed fee basis and once we understand your circumstances and requirements a fee quote will be provided.

Our personal tax and trusts specialists deliver:

  • Self-assessment and preparation of tax returns
  • Personal tax planning
  • Capital Gains Tax
  • Moving to or leaving the UK
  • Inheritance tax planning
  • Personal tax enquiries and disclosures to HM Revenue & Customs

Services frequently provided to our trust clients include:

  • Preparation of trust and estate accounts, interim accounts and self-assessment tax returns
  • Advice on the suitability of a trust structure
  • Finalising of a deceased’s tax affairs to date of death.
  • Preparation of statements of estate income and completion of forms R185
  • Capital Gains tax planning for estate and trust beneficiaries
  • Active estate planning to minimise future inheritance tax liabilities
  • Reviewing the ongoing effectiveness of a trust created through a Will and assisting the family of the deceased with a future strategy

Our specialists

Featured client story

Apex Core Limited

Given how our business has managed success in a very tough environment, I feel it is very fitting that we came to join with Dominic Hill via a recommendation from one of their existing clients as they spoke of all the key attributes and values that we hold in high regard.

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If you would like to book an initial free consultation, or are already a client of ours and want to discuss your accountancy challenges contact us.