Latest news:
Coronavirus and childcare: facilitating contact in the ‘rule of six’ era - On Monday 14th September 2020, the UK government introduced the ‘rule of six’ in England to limit social contact in an attempt to control the spread of the COVID-19 virus. This new rule makes it illegal for groups of more than six people to meet in any setting, either indoors or outdoors, including in family [...]- September 2020: the penultimate phase of the Job Retention Scheme - As of September 1st 2020, employers will need to pay more towards the cost of furloughed employees. Until now, the UK government has contributed 80% of the employee’s wage – capped at £2,500. That contribution has now dropped to 70%, with employer’s making up the extra 10%. Employers must also pay National Insurance and pension contributions, [...]
Tax, Care Fees & Trusts
Parrott & Coales specialise in advising clients on how to plan for the future, while protecting your assets. We can help you with:
Tax
Our tax specialists can advise you on all aspects of tax and financial planning. Prudent planning can help you to reduce your (or your family’s) liability on:
- Inheritance tax
- Capital gains tax
- Income tax
Click here for more details about Tax Planning.
Care Fees
If you are moving into a care home or require care at home and you are worried about how you are going to pay for it, it can be very stressful. How much you pay will depend on your income, capital and whether you have dependants. By consulting one of our experts, you will have the peace of mind that your fees will be paid and that what you pay is in line with national guidelines.
Click here for more details about care fees.
Trusts
Trusts are widely used by people who wish to safeguard their wealth for future generations, whilst allowing family members to benefit from the income on the capital. You can set up a Trust during your lifetime or in your Will and it can be used for a range of situations, including:
- Education of children, grandchildren and great grandchildren
- To allow property to be held for future generations
- Charitable purposes
Several of our solicitors are members of the Society of Trust and Estate Practitioners and Solicitors for the Elderly. Please contact them for advice on all aspects of:
- Paying care fees
- Setting up and administering a Trust
- Your tax affairs
Click here for more details about trusts.
Click here for more details about Tenants in Common.
What our clients say:
I have been very happy with the work Parrott & Coales have done for me in the last two days.
