Key Topics in Personal Tax, from Self Assessment to Inheritance Tax
Personal tax affects every individual — from employees and landlords to investors, directors, and high-net-worth families. Understanding how personal taxes work can help you plan better, avoid penalties, and optimise your financial position across every stage of life.
At Accounts House, we simplify complex tax rules and guide you through everything from annual submissions to long-term wealth planning.
Self Assessment (SA100)
The Self Assessment system requires individuals to report income, gains, and reliefs each year. We assist with:
• Employment income
• Self-employed earnings
• Dividends and investments
• Rental income
• Capital gains
• Overseas income
• Pension contributions
• Trust and estate income
• Student loan calculations
We ensure your return is filed accurately and on time, helping you avoid penalties and optimise your tax position.
Income Tax & Allowances
We help you understand and use key allowances:
• Personal allowance (£12,570)
• Dividend allowance
• Savings allowance
• Marriage allowance
• Blind person’s allowance
We also review whether tax planning opportunities exist, such as adjusting remuneration, transferring assets between spouses, or structuring investments tax-efficiently.
Capital Gains Tax (CGT)
CGT applies when you sell or gift assets such as property, shares, or businesses. We advise on:
• Annual exemption planning
• Main residence relief
• Lettings relief
• Business Asset Disposal Relief (Entrepreneurs’ Relief)
• Gift relief
• 60-day property reporting
• Mitigating CGT on property and investments
We also complete all standalone CGT property returns.
Property Tax
Our services include:
• Rental profit calculations
• Allowable expenses
• Replacement of domestic items relief
• Furnished Holiday Let (FHL) rules
• Capital allowances on qualifying properties
• Mortgage interest rules
• Joint ownership planning
• Stamp Duty Land Tax (SDLT)
We make property tax clear, efficient, and compliant.
Savings & Investments Tax
We help manage the tax impact of:
• ISAs
• Unit trusts
• Dividends
• Interest income
• Cryptoassets
Tax-efficient structuring can significantly increase long-term returns.
Pensions & Retirement Taxation
We advise on:
• Pension contribution limits
• Annual allowance
• State pension planning
• Passing pension wealth tax-free
The right pension planning can dramatically improve retirement outcomes.
Inheritance Tax (IHT)
IHT can affect estates over £325,000, with additional allowances for homes passed to children. We help with:
• Nil-rate band and residence nil-rate band planning
• Lifetime gifts
• Potentially exempt transfers (PETs)
• Trusts and family investment companies
• Business relief & agricultural relief
• Estate planning and will tax reviews
Effective planning can reduce or eliminate IHT.
Non-UK & Overseas Tax Issues
We assist with:
• Non-resident landlord (NRL) scheme
• Split-year treatment
• Remittance basis claims
• Overseas income tax credits
• Double tax treaty applications
• Leaving/returning to the UK tax planning
International tax is complex — we ensure full compliance.
How Accounts House Helps
Self Assessment returns
• CGT property returns & 60-day filings
• Rental property & landlord tax
• Director remuneration & dividend tax planning
• Pension & retirement tax strategy
• Investment and savings tax reviews
• Trusts, estates & IHT planning
• Tax investigations & HMRC enquiry support
Your tax, simplified. Your future, protected. With Accounts House, you get clear guidance, smart tax planning, and complete peace of mind.