Accountants saved clients £10m in tax payments
Published Date:
16 May 2008
Chartered accountants Burgis & Bullock say they have helped their clients to save nearly £10m of tax in the run up to April 5. The Leamington firm's specialist team of in-house tax advisers closely examined the major tax changes announced in the Pre Budget report last October in order to help their clients save money.
Partner Frank Nash said: “Business owners and landlords were looking at increases in tax bills of some 80 per cent whilst the major shift in the way family trusts are taxed has created a number of possibilities to save inheritance tax.”
After restructuring some £76m of their clients’ assets into various bespoke trusts and companies, tax savings of £9.6m were achieved.
The full article contains 124 words and appears in Leamington Courier newspaper.
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Last Updated:
09 May 2008 10:59 AM
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Source:
Leamington Courier
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Location:
Leamington Spa
