Tax planning
Corporation Tax
The increasingly complex nature of UK tax legislation means that more and more companies are coming to Cumulo for corporation tax planning and advice. We specialise in servicing small companies through to mid corporates - where effective tax planning can make a huge difference to available cashflow, profitability and the continuing ability of a company to fund expansion. ……continue reading this article
Inheritance Tax (IHT)
“Inheritance Tax is the tax that is paid on your ‘estate’. Broadly speaking this is everything you own at the time of your death, less what you owe. It’s also sometimes payable on assets you may have given away during your lifetime. Assets include things like property, possessions, money and investments.”
~ directgov official source
Inheritance Tax (IHT) is generally considered to be one of the most unpopular and unpleasant taxes within the system - due in part to the rise in the value of property, today even individuals with modest earnings may find themselves caught within the IHT trap. There are legal ways to manage and avoid this eventuality, and is one of the more obvious and wide reaching benefits of informed tax planning.