Latest news:

  • Macmillan Coffee Morning 2018 - At Parrott and Coales, we are proud to show our support for Macmillan and the incredible work they do providing practical, medical and financial support and pushing for better cancer care.
  • Bucks Show 2018 - Thursday 30th August 2018 saw another great Bucks Show for the firm, with warm, dry weather and a happy atmosphere as were joined by attendees throughout the day.
Show all news items 
Tax Planning Parrott & Coales, Family Solicitors in Aylesbury.

Tax Planning

Our Private Client team specialises in Income Tax, Inheritance Tax and Capital Gains Tax for individuals, trustees and executors, or administrators of a deceased’s estate. We are experts at tax planning for you and your family.

Most people are familiar with Inheritance Tax (IHT) on an estate (sometimes popularly called death duties). Inheritance Tax is normally payable on death, however in some circumstances it can also be payable in your lifetime. Contact us for more information regarding this.

Capital Gains Tax (CGT) is commonly payable when sales of capital assets result in a substantial profit. However, people are surprised to learn that CGT can also be applicable on some gifts. It can also affect Trustees and Executors.

Income Tax (IT) can become complicated where less common types of income, such as life policy gains are involved. IT can also be relevant to trusts and estates where the rules can be complex.

The team can help with Income Tax Returns for individuals, Trustees and Executors. We can also advise on safe and sensible tax planning to reduce or postpone the tax payable in some circumstances.

For more information please contact any member of our Probate team; Humphrey Marten, Jane Dwyer, Jeremy Holding.

What our clients say:

Fabulous service, good prompt and clear communication, always willing to meet and discuss issues and these were dealt with promptly - thank you.