Forward-Thinking Tax Solutions
Benefit from our knowledge of the tax regime
Protect your family's inheritance
Inheritance tax is a 40% tax applied after a person dies to estates that are worth over £325,000 (or more if a home or the sale proceeds of a home are included).
The rules surrounding inheritance tax can be confusing. We help you to structure your affairs in the most tax efficient way to ensure your loved ones benefit as much as they can from your estate.
Expertise in tax planning
Tax planning is the process of organising your company or personal finances to make sure that you pay no more tax than you should.
Many accountancy companies can help you fill in your tax return: we can help you reduce your tax burden in the long term by using our experienced advisers and expertise in forward-thinking long-term tax planning.
We always keep pace with the constant changes in tax rules. This knowledge saves businesses and individuals time and can minimise their tax liability. It has been particularly valuable during the rapid changes made in response to the COVID-19 pandemic. Whether you operate a Limited company, Partnership, LLP or run as a Sole Trader, HB Accountants have the expertise to support you with planning your tax affairs.
Capitalise on tax opportunities
By analysing your business or personal financial plans from a tax perspective, we can identify potential opportunities to reduce the amount of tax you pay.
For businesses there are many allowances and reliefs that can enable you to legitimately minimise your tax liability. Tax planning also encompasses broad considerations such as the selection of loans and investments, tax efficient employee share schemes and the timing of income and purchases.
Individuals can benefit from tax-deductible expenses and tax breaks such as tax-free pension contributions or tax relief if you work from home. Our tax planning takes into consideration all of your finances, including income and income generating assets, property ownership, inheritance, pensions and investments.
Expert Tax Planning
Capitalise on tax opportunities with pro-active tax planning. We support businesses, charities, social enterprises and individuals. From our base in Hoddesdon we work in Broxbourne, Hertford, throughout Hertfordshire and in the neighbouring counties.
Boris Johnson outlines new 1.25% health and social care tax to pay for reforms – National Insurance increase NICs