Individual tax planning

Central Tax & Trustee Planning LLP are tax and trust advisers and can help you and your family to reduce your taxes and secure your assets using a variety of tax planning tools and arrangements. We can work with your existing advisers or we also have our own Independent Financial Adviser business Central Financial Planning Limited, which is authorized and regulated by the Financial Services Authority. We provide the creative input in designing tax mitigation plans and co-ordinate their implementation with your existing advisers and any experts we may introduce.

Our charges depend on the nature and complexity of the solution required but is usually around 10% of the tax saved. If we cannot prepare a plan that saves you sufficient tax we will waive our charges.

Some potential clients ask why if there are legitimate tax saving arrangements available their accountants or existing financial advisers have not already brought these to their attention. Most Accountants are employed to prepare and audit their businesses accounts or complete their tax return and may provide other services on request. Their terms of engagement letter will usually specifically exclude giving pro-active advice. Most Accountants and Financial advisers act as general practioners giving general advice to individual private clients and Companies. We are specialists and consult with other specialists in this field to access and develop arrangements that whilst not common knowledge are legitimate and highly effective.

Many people will have been offered a variety of schemes before, some seem too good to be true (possibly they are), others an excuse to sell an insurance policy. We deal with proper structured solutions and if they are provided by external experts we have always spent time and money checking the schemes are bone fide.

Initial consultations are free and without obligation

Some of our current tax tools can:

Reduce or wipe out Capital gains tax liabilities.

Obtain a large income tax refund for high earners.

Reduce or wipe out potential Inheritance tax bills. We have a number of schemes to meet with client's different requirements.

Protect estates from suffering what can be a punitive “tax” if long-term nursing home care is needed.

Please note tax planning advice is not regulated by the Financial Services Authority.