“The difference between death and taxes is that death doesn't get worse every time there is a budget"
Research has shown that as many as 30 million people are paying too much tax. More than £5bn, or around 5% of HMRC’s expected income, could have been saved if people had arranged their affairs more efficiently.
Almost £1bn should never have been paid in the first place. A further £1bn could have been avoided if people had taken the trouble to make minor changes to their savings and investment habits.
We can offer advice on matters ranging from simple tax-free savings for children to tax strategies when you make your will. The tax-efficient strategies we offer include:
•Tax-efficient savings for children.
•Personal pensions and self-invested personal pensions (SIPPs).
•Estate planning and the creation of trusts.
•Individual savings accounts (ISAs).
Income Tax Calculator
Married Couples Allowance*
Blind Persons Allowance
*MCA only applies to persons born before April 6th, 1935. This is a generic calculation that does not take into account the individuals circumstances, it should not therefore be relied on.
The Financial Conduct Authority does not regulate taxation advice
Rates and allowances used in this calculator relate to the 2019/20 Tax Year.
I have always received extremely high-quality service and advice from Sterling & Law.”
Mr J P Franks, global head of IT operations, UBS, London, UK
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