Private Client Tax – BC&A Chartered Accountants

Overview

You May Benefit From Our Advice If You Have

Multiple income sources or employment arrangements
Assets liable to inheritance tax
Capital gains from investments, property or business disposals
A trading business eligible for IHT or CGT reliefs
An interest under a family trust or estate
Inherited wealth you wish to pass to the next generation
Residential property disposals requiring CGT reporting
Non-UK domicile or residence status
Overseas income, assets or trust interests
Self Assessment filing obligations

Personal Tax Compliance And Advisory In One Place

Personal tax is rarely straightforward. Income from multiple sources, investment portfolios, property holdings, business interests and family trusts all interact in ways that require careful management.

BC&A handles your self assessment returns, capital gains tax reporting, inheritance tax planning and trust taxation as a connected picture, not a series of isolated transactions — ensuring nothing is missed and every available relief is applied.

Planning That Works Across Generations

The most effective personal tax planning looks well beyond the current tax year. BC&A advises individuals and families on structuring wealth to minimize inheritance tax exposure, making full use of business and agricultural property reliefs, planning capital disposals to optimize CGT reliefs and positioning assets efficiently for transfer to the next generation.

Whether you are a business owner, a high net worth individual, a trustee or an executor, we provide the continuity of advice that complex personal tax affairs demand.

Private Client Tax FAQs

Do I need to complete a self assessment tax return?

You are required to file a self assessment return if you are self-employed, a company director, a landlord, or if you have income from investments, trusts or overseas sources. You may also need to file if your total income exceeds £100,000 or if you have capital gains above the annual exempt amount. If you are unsure whether you have a filing obligation, BC&A will assess your position and advise accordingly.

I have inherited money and assets. Do I need tax advice?

Potentially yes. Depending on the size of the estate, inheritance tax may already have been paid before you received the inheritance. However, if you plan to pass those assets on in future, or if they generate income or gains, proactive planning now can significantly reduce the tax your own estate faces later.

I own property and have investment income alongside my salary. Is that enough to need private client advice?

Yes. Rental income, dividends and capital gains all carry their own reporting obligations and planning opportunities. Without specialist advice, it is easy to miss available allowances, pay more tax than necessary or fail to report correctly to HMRC.

Why choose BC&A for Private Client Tax

We do more than keep your books in order. Our approach is proactive — we review your numbers regularly, flag opportunities and ensure you are always ahead of deadlines.