Personal tax

Personal tax, planned before January

By January the useful options have closed. Self assessment, capital gains, inheritance tax and property income, planned through the year instead.

Who we help:Company directorsSole tradersLandlordsRetired and private clients

Your tax year with us

Autumn review and estimate

Action before 5 April

Return filed early

Payments on account checked

HMRC letters handled

Fixed feeQuotedbefore we start

Problems we solve

Sound familiar?

Most people in and around Cheltenham get in touch because one thing has become a worry. These are the ones we hear most often.

“My tax bill in January came as a shock.”

How we help

We estimate your bill in the autumn and tell you what to put aside, payments on account included.

“HMRC has written to me and I’m not sure why.”

How we help

Once we are your agent we explain what it means, reply on your behalf and deal with HMRC directly.

“I’m selling a property or shares.”

How we help

We work out the gain before you sell, check which reliefs apply, and file any 60-day return for you.

“I want to pass money on to my family.”

How we help

Lifetime gifts, inheritance tax and capital gains looked at together, alongside your solicitor where needed.

What we do

Your return prepared and filed, with the planning done while there is still time to act.

Self assessment

Prepared, checked with you and filed, with the bill confirmed well before you pay it.

Filed months before 31 January
Payments on account checked
A plain-English summary

Capital gains

Disposals worked out before you sell, with reliefs checked and claimed.

Property, shares and business assets
60-day returns filed for you
Timing and exemptions planned

Inheritance tax

Your estate position set out clearly, with the planning options explained.

Lifetime gifts and exemptions
Working with your solicitor
Reviewed as things change

Dates that matter

Key dates

The 60-day deadline is the one most often missed. When you sell a rental property or second home, it runs from completion.

5 April

End of the tax year. The last day to act on this year’s allowances.

60 days

To report and pay CGT on a UK residential property disposal.

31 July

Second payment on account due.

31 January

Return filed, balancing payment and first payment on account.

How it works

What working with us looks like

A free first call

Twenty minutes on what you need and what is not working. If you don’t need us, we’ll say so.

A fixed fee, agreed up front

You know the cost before any work starts. No time-sheets, no surprise bills.

An autumn review

We estimate your tax and flag anything worth doing before 5 April.

Filed early

Your return goes in well before 31 January, with a clear note of what to pay.

Packages

Where this sits in our packages

Personal tax is quoted as a fixed fee on its own. If you also run a company, it is best planned alongside the business package.

Corefrom £100/moYear-end accounts, tax returns and filings done early.Core +from £250/moCore, plus bookkeeping and VAT kept current.Growthfrom £450/moManagement accounts and a meeting to talk them through.Finance Partnerfrom £850/moYour whole finance department on one monthly fee.

Compare what’s includedAll prices plus VAT

Questions

Common questions

Anything else, call us on 01242 226789.

Do I need to file a tax return?

Usually, if you are self-employed, receive rent, take dividends as a director or have sold something at a gain. We’ll confirm it on the first call.

How much will it cost?

A fixed fee based on how involved your affairs are, agreed before we start.

What will you need from me?

A short checklist and a secure upload link. Typically P60s, dividend vouchers and rental statements.

Can you deal with HMRC for me?

Yes. Once you authorise us as your agent, letters and queries come to us.

Next step

Talk to us before 5 April

The first conversation is free. If you do not need us, we will tell you.

Phone — Mon–Fri, 9am–5.30pm

01242 226789

info@bpcpartners.co.uk

Thinking about a disposal?

Speak to us before you exchange contracts.