Personal Tax Planning

Our personal tax planning service is designed with one primary goal: to help you retain as much of your hard-earned wealth as possible, while minimizing what goes to HMRC.

At Milestone Accountants, our team of expert tax accountants will ensure you’re not paying unnecessary taxes and that you’re claiming all the allowances and reliefs you’re entitled to. We take the time to understand your complete financial situation and your personal wealth goals, providing tailored advice on how to minimize your tax liabilities.

While income tax is often the main focus, we also consider other taxes such as capital gains tax (CGT), inheritance tax, and any other specific taxes that may apply to your situation.

If you own or operate a business, we’ll incorporate that into our planning. We’ll recommend the most tax-efficient structure for your business—whether that’s a limited company, partnership, or sole trader—and advise on the best way to pay yourself, whether through salary, dividends, or a combination of both.

When it comes to allowable expenses, we provide clear guidance on what qualifies as a business expense versus a personal one. We’ll ensure you’re compliant with HMRC regulations, minimizing your tax bill without risking an investigation.

For those living or working abroad, our tax partners can navigate the complexities of UK tax obligations from overseas, ensuring you stay on the right side of the law.

In today’s financial landscape, we also recommend working with us to develop a comprehensive personal finance plan. This plan covers education costs, mortgage planning, savings and investments, insurance, healthcare, retirement planning, and more. Since decisions in one area often impact another—with tax implications—we ensure your plan is cohesive and tax-efficient.

Contact us today to begin your personalized tax planning process with Milestone Accountants.