Tax Planning

Trethowans’ Private Client team has a breadth of expertise when it comes to tax and unlike many other law firms, has their own in-house chartered accountant. We can help you by advising you on personal and trust taxes.

Inheritance tax mitigation

This includes lifetime planning by making the most of your exemptions and planning for your wealth to be passed on in a tax-efficient way, whether it be through lifetime gifts, creating trusts or tax-efficient wills. We can also consider post-death variations of estates to efficiently pass assets on to the next generation. Members of the team regularly claim agricultural property relief and business property relief for estates and trusts and we can negotiate on your behalf with HMRC regarding these claims.

Capital gains tax and income tax

We can review your circumstances to ensure you are utilising all exemptions and allowances available to you and consider ways in which you can structure your assets or transactions to reduce your tax liabilities. This could include transferring a rental property into the name of the spouse who pays income tax at a lower rate, transferring assets into joint names to use two capital gains tax allowances instead of one, or assenting properties from executors to beneficiaries prior to sale, to use the beneficiaries’ allowances as well as the estate’s.

Tax calculations

We can calculate potential tax liabilities be it income tax, capital gains tax or inheritance tax. Our work also includes checking that tax calculations provided to HMRC on your behalf are correct.

Tax forms

We can help you navigate different HMRC forms and act as your agent to complete them on your behalf such as your own personal tax return, a trust tax return or an inheritance tax return for the estate of a loved one who has died.

As a team we understand that every individual is different; we work not only with the client but also with other specialist advisers such as accountants or financial advisers to find the best solution for each client. As well as being able to provide expert tax advice, the team prides itself in looking after the individual and remembering that whilst tax is an important consideration, the client’s other circumstances are important and need to be balanced with tax savings.

To discuss your tax planning requirements with one of our experienced solicitors, call us today on 0800 2800 421.

Meet the team

James Hammersley

Partner
Poole

Mihiri Gajraj

Partner
Southampton

Chris Pemberton

Partner
Salisbury

Richard Dollimore

Partner
Poole

Gary Pick

Partner
Poole

Rupert Thompson

Senior Associate
Winchester

Claire Radigois

Senior Associate
Salisbury

Martha Swann

Associate
Poole

Holly Algar

Associate
Southampton

Derek Bryer

Associate
Salisbury

Arcadius Gregory

Solicitor
Southampton

Jenny Shucksmith

Chartered Legal Executive
Salisbury

Paula Arnold

Trusts and Tax Practitioner
Poole

Karen Dalton

Tax Assistant
Poole

Helen Glatter

Chartered Accountant
Poole

Philip Savage

Paralegal
Southampton