What we do / Tax /
Tax advice that starts with you
Our personal tax specialists will help you build, protect and grow your wealth
Personal tax advice that moves with you
At Burgess Hodgson, we don’t just manage your tax obligations – we help you plan for what’s next. Our experienced team, including former HMRC specialists, offers clear, strategic advice across every aspect of personal taxation.
Whether it’s Income Tax, Capital Gains, or Inheritance Tax, we’re here year-round to keep you informed, compliant, and always one step ahead. Because your finances should support your ambitions, not slow them down.
We provide joined-up advice and support across personal taxation including:
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Preparation and submission of Self Assessment Tax Returns
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Capital Gains Tax planning and advice
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Preparation and submission of residential property CGT returns
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Inheritance Tax planning and advice
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HNW tax advice and planning
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SEIS and EIS tax relief and optimisation.
Grow with the right advice
Partner with us, and get tax support that goes further.
FAQs
Who is required to submit a Self Assessment tax return?
11-12 million tax payers currently submit Self Assessment tax returns – and the requirement to submit a tax return can be driven by many factors. Most commonly, this relates to the need to declare income sources not subject to tax deductions at source – such as property rental income or self assessment income. Anyone earning over £150,000 is also required to submit a Self Assessment Tax Return.
When is the Capital Gains Tax (CGT) due on UK residential property?
Since 2020 there has been a requirement for the CGT on the sale of UK residential property to be reported and paid within 60 days of completion.
What expenses can be offset against tax?
This is a common question – and the Burgess Hodgson tax team are experts at maximising tax deductions. The deductibility rules for taxation are complex and vary depending on which income source expenses are deducted against. For example, the tax rules governing tax deductions against employment income are much tighter than those for self-employment.
What penalties apply for late submission of tax returns or late payment of tax liabilities?
Several penalties and charges apply to the late submission of tax returns or late payment. For Self Assessment Tax Returns, an initial £100 penalty applies for late submission after the 31 January deadline. Further tax geared penalties apply for continued non-submission. There are also penalties for late payment of tax liabilities, and in recent years we have seen a significant increase in the interest rate charged by HMRC. HMRC now charge interest at 4% over Base Rate, which can be a significant cost.