Tax Planning

Difficulty

The ever changing rules and regulations surrounding tax makes it a very complicated area in which many individuals and organisations are finding increasingly difficult to understand and manage.

Advantages of employing us

By appointing Louis and Hills Accountants to take care of your tax affairs, you can rest assured that your tax matters will be in order and submitted in a timely manner.

Our knowledge

Our expert knowledge can benefit both companies and individuals in the form of comprehensive and professional services. Not only do we file your tax returns, we provide tailored tax advice based on your specific circumstances no matter what type of business you have.

We can help

We will help you make the most of the tax-saving opportunities available to you whilst ensuring you remain fully compliant and up to date with the very latest regulatory changes.

Frequently Asked Questions

Some commonly asked questions about tax planning.

Tax is a financially chargeable deduction from something you either acquire or own. 

Predominantly, tax is a means for the collective working society to contribute to a national budget that the government can then allocate toward different sectors, such as education, health, and law enforcement sectors.

As of 11/04/2022, the tax brackets are as follows:

BandTaxable incomeTax rate
Personal AllowanceUp to £12,5700%
Basic rate£12,571 to £50,27020%
Higher rate£50,271 to £150,00040%
Additional rateover £150,00045%