Personal Tax Planning for UK Individuals Who Want to Pay Less
You should never pay more tax than you legally owe. ABM Chartered Accountants provides personal tax planning that reviews your income, investments, property, and pensions to find every legitimate way to reduce your tax bill and keep more of what you earn.
Plan Ahead and Pay Only What You Owe
Personal tax planning looks at your complete financial picture and identifies ways to reduce the tax you pay within the rules. It covers income tax, capital gains tax, dividend planning, pension contributions, property income, and inheritance tax. ABM Chartered Accountants advises you before the tax year ends, not after, so you can take action when it matters.
Our ICAEW and ACCA qualified accountants review your income sources, your investments, your property portfolio, and your pension position. We model different scenarios, calculate the tax impact of each option, and recommend a plan that legally minimises your liability while keeping you fully compliant with HMRC.
What Our Personal Tax Planning Covers
From income tax strategy to inheritance tax planning, here is how ABM Chartered Accountants helps you reduce your personal tax bill and protect your wealth.
Income Tax Planning
Structuring your income across sources and tax bands to reduce the total tax you pay each year.
Capital Gains Tax Advice
Planning disposals of assets to make full use of your annual exemption and available reliefs.
Dividend & Salary Strategy
Advising directors on the most tax-efficient mix of salary and dividends from their company.
Pension Contribution Planning
Maximising pension contributions for tax relief while staying within the annual and lifetime rules.
Property Income Tax
Planning your rental income tax position including allowable expenses, mortgage interest, and more.
Inheritance Tax Planning
Reducing your potential inheritance tax liability through gifts, trusts, and exemption planning.
Keep More of What You Earn Legally
Without planning, you pay tax at the highest rate your income dictates. With planning, you can use allowances, reliefs, and exemptions to bring that rate down. The personal allowance, the dividend allowance, the capital gains annual exempt amount, and pension tax relief all offer real savings when used properly. ABM Chartered Accountants makes sure you use them.
Tax planning is especially valuable for company directors, landlords, higher-rate taxpayers, and anyone approaching retirement or planning to pass wealth to the next generation. The earlier you plan, the more options are available. We advise before the end of each tax year so you can act in time.
Personal Tax Planning for Individuals Right Across the UK
Based in Canary Wharf, London, ABM Chartered Accountants provides personal tax planning to individuals throughout the UK. We advise remotely or in person depending on your preference.
London
Chartered accountants in London for all businesses.
Birmingham
Accounting in Birmingham for local businesses.
Leeds
Glasgow
Professional accountants based in Glasgow.
Manchester
Trusted accounting firm in Manchester.
Edinburgh
Tax and accounting experts in Edinburgh.
Liverpool
Dedicated accountants for Liverpool businesses.
Bristol
Reliable accounting services across Bristol.
Belfast
Trusted accounting specialists based in Belfast.
Cardiff
Reliable accountants serving businesses in Cardiff.
Milton Keynes
Professional accounting support in Milton Keynes.
Canary Wharf
Expert accounting services in Canary Wharf.
Tax Planning for Every Personal Situation
We advise company directors, sole traders, landlords, high earners, investors, professionals, and individuals planning for retirement or estate succession. Whatever your personal tax situation, our planning is tailored to you.
Why Individuals Choose ABM for Tax Planning
Chartered Tax Advisors
ICAEW and ACCA qualified planning your personal tax.
Proactive, Not Reactive
Advice given before year end so you act.
Every Relief Claimed
Allowances and exemptions used to reduce your bill.
How We Work
Initial Consultation
Set Up and Onboard
Ongoing Support
We provide regular reviews and proactive advice to keep your finances optimised and HMRC-compliant.
Get in Touch Today
Whether you need help with your tax return, payroll, VAT, or business advisory, our qualified UK accountants are ready to provide clear, practical guidance for your specific needs.
Book a Consultation
Fill in the form below and one of our expert accountants will contact you promptly to discuss your accounting and tax requirements.
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Frequently Asked Questions
Here are answers to the personal tax planning questions we hear most often. Contact our team for guidance.
What is personal tax planning?
Personal tax planning is the process of reviewing your income, investments, property, and other assets to identify legitimate ways to reduce the amount of tax you pay. It involves timing income and disposals, using allowances and reliefs, and structuring your affairs in the most tax-efficient way.
When should I start planning?
The best time to plan is well before the end of the tax year on 5 April. Many allowances and reliefs are lost if not used within the year. ABM Chartered Accountants recommends an annual review in January or February so there is time to take action.
How should I take income from my company?
For most owner-directors, the most tax-efficient approach is a combination of a low salary at or near the National Insurance threshold and the remainder as dividends. The exact mix depends on your personal circumstances, other income, and the company’s profit. We model this for you each year.
Can I reduce my capital gains tax?
Yes. You can use your annual exempt amount, offset losses against gains, time disposals across tax years, transfer assets to a spouse, and claim reliefs such as Business Asset Disposal Relief where you qualify. ABM Chartered Accountants reviews your position before you dispose of any asset.
How do pension contributions save tax?
Pension contributions receive tax relief at your marginal rate. A higher-rate taxpayer contributing to a pension effectively receives 40 percent relief on the contribution. There are annual and lifetime limits to be aware of, and ABM Chartered Accountants ensures you stay within them while maximising the benefit.
How much does personal tax planning cost?
Fees depend on the complexity of your personal tax affairs, the number of income sources, and the areas of planning involved. We offer fixed-fee tax planning reviews. Contact ABM Chartered Accountants for a quote tailored to your situation.