Income Tax Planning

Professional tax planning is an important part of the management of your own personal income and personal finances, whether you are self-employed, a director or paying taxes through the PAYE system.

At RSM Farrell Grant Sparks, our approach to effective income tax management involves working with and listening to our clients to understand their particular circumstances and requirements.

We analyse your objectives, then come up with suitable and workable tax-based solutions, tailored to your specific goals and expectations.

Advice and tax planning

We pride ourselves on providing timely and relevant advice in all areas of income tax, which ensures our clients are compliant with tax rules and regulations.

With major changes in tax legislation for high-income earners, our team can advise how best to plan your tax by taking your overall circumstances into account.

Tax planning services

Our tax planning services include:

• Enhancing shareholder and individual wealth
• Tax efficient remuneration
• Income and wealth protection
• Advice on tax-based investments such as the Business Expansion Scheme and tax relief for film projects
• Tax advice for not-for-profit sector, where key issues include VAT and tax relief for contributors
• Partnership taxes for professional service firms
• Management of Withholding Tax for professional service firms who have public sector clients
• Advice on R&D tax credits for the green technology and other sectors
• Efficient pension and retirement planning

Related services

Read more about our services related to income tax planning:

• Personal Financial Planning
• Pensions