Personal Tax
The taxation of your business or for yourself can be quite a complex matter. At Simia Farra & Company Limited – Tax Returns Essex, we understand the intricacies involved in personal and corporate tax. With our extensive experience and expertise, we are well-equipped to navigate through the complexities and provide you with reliable tax solutions. Whether you are an individual or a business owner, our team is committed to delivering exceptional tax services tailored to your specific needs. Trust us to handle all aspects of tax planning, preparation, and filing, ensuring compliance with the ever-changing tax laws. Allow us to alleviate your tax burdens, so you can focus on what matters most – growing your business and enjoying peace of mind.
Valuable Guidance and Support for Your Tax Affairs
At Simia Farra, we understand that managing your personal tax affairs can be a complex and time-consuming task. That’s why we’re here to offer you valuable guidance and support every step of the way. Our dedicated personal tax team is committed to making your life easier, ensuring your financial well-being, and helping you save time and money.
Efficient Tax Compliance
Our expertise lies in providing comprehensive tax compliance services. We will not only meticulously prepare and file your self-assessment return but also ensure that it is done accurately and submitted on time. We will take the hassle out of tracking tax payments and review your tax affairs annually to make necessary adjustments. With us by your side, you can have peace of mind knowing that your tax obligations are met efficiently.
Strategic Income Tax and Capital Gains Tax Planning
When it comes to income tax and capital gains tax, we excel in developing strategies to minimize your tax burden. We will work closely with you to explore opportunities for reducing or deferring taxes on your income and assets. Our goal is to help you retain more of your hard-earned money while ensuring compliance with all relevant tax laws.
Capital Gains Tax on UK Property
Since April 6, 2020, new regulations have been in place for UK residents disposing of residential properties. We will guide you through the process of submitting a capital gains tax on UK property return and making timely payments, while also ensuring that this does not replace your regular self-assessment return. If you jointly own properties or are part of a partnership, we will assist each owner in complying with these rules, extending our services to trustees and personal representatives involved in relevant disposals.
Inheritance Tax and Estate Planning
Our team specializes in inheritance tax and estate planning, helping you understand your current tax position and implementing strategies to minimize your tax liability. We will work with you to develop a plan that ensures your wealth is preserved and passed on to your loved ones efficiently.
Executorships and Estate Administration
After your passing, our team will take on the responsibility of managing your estate. Our goal is to handle this process meticulously, ensuring that tax liabilities are minimized and your wishes are carried out effectively.
Trust Taxation and Accounts
Trusts come with their own set of complex tax regulations. We will guide you through these laws, helping you understand the intricacies and completing necessary forms like the IHT100 with precision.
International Tax Expertise
For clients with overseas interests, those residing outside the UK, or foreign nationals considering a move to the UK, our international tax experts are here to assist you. We will ensure you navigate the complexities of international tax laws, ensuring compliance and optimizing your tax position.
Support in Tax Investigations
Facing a tax investigation can be daunting, but you don’t have to go through it alone. Our team is experienced in supporting individuals dealing with tax investigations, providing the guidance and assistance needed to resolve the situation.
At Simia Farra, we are committed to delivering exceptional service and ensuring that your personal tax affairs are managed with the utmost care and expertise. Let us help you save time, protect your financial future, and navigate the intricacies of taxation with confidence. Your financial well-being is our priority, and we look forward to partnering with you on your journey to financial success.
For any inquiry
Get in touch with us
Our Office
Romford, Essex