Smith Emmerson > Services > Tax > Types of Taxes

Reduce Tax Paid in Nottingham

Do you want to learn about the different types of tax you may have to pay as an individual or a business owner?

You may be feeling up against it when it comes to dealing with the different types of tax obligations that are out there. Thanks to Smith Emmerson’s chartered accountants you can get the help that you need in order to organise and reduce tax that you are liable to pay. We can talk through the different types of tax options with you clearly and in a way that will leave you feeling confident going forward.

If you would like to talk to a fully qualified accountant about your tax issues, please contact us now.

What are the main types of tax?

Self-employment tax

Are you a self-employed worker dealing with a very busy schedule?

You wouldn’t be the first person to not have the time to consider every aspect of your income tax and national insurance liabilities. Our experienced chartered accountants can help you to reduce tax that you have to pay so you can make the most of your hard earned money.

We can take you from start to finish and help you with anything from your personal tax returns to advice on registering for VAT if applicable.

Capital gains tax (CGT)

Have you been thinking about selling off some of your assets but you aren’t sure about your tax liabilities?

Capital Gains Tax (CGT) can have a tax liability of between 18 and 28 percent depending on what the threshold is set at for the given year. However, with careful planning and the experience of our accountants, we can help reduce tax liabilities that you may need to pay.

You can get clear and frank advice about how to successfully dispose of your assets for the best financial outcome. There are all kinds of creative methods our team can use to help you so contact us now for further information.

Inheritance tax (IHT)

Has there been a loss in your family and you need expert help with your financial obligations?

We understand that at a time of grief you want an accountant who is compassionate as well as fully qualified. The team at Smith Emmerson can help you through this difficult period and help to lessen the amount of inheritance tax that you may find yourself liable to pay.

We will assess your specific situation to work out the best way to deal with all the administrative and tax aspects while working discretely at all times. No matter what amount of inheritance tax you might think you have to pay, the team at Smith Emmerson is here to help get you the best financial outcome.

Are you starting a new company and need expert advice on how to organise your finances? To learn more, visit the Business Advice page or contact us now.

If you are looking for a team of reliable, approachable, and forward thinking accountants who will do more than just respond to your needs but work alongside you to help you succeed you have come to the right place.

If you or your business are in need of the services of Business Focused Chartered Accountants in the Nottingham, Leicester and Derby area, then feel free to contact us.

Get in touch today