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Tax
How can a personal tax accountant help you?
How can a personal tax accountant help you?
Many people only seek tax advice when a deadline approaches, work ramps up, or HMRC sends a letter. Feel familiar? You're not alone. But good personal tax planning should really start much sooner.
Our personal tax accountants in London aren't just here to help with filing tax returns. No, we help you understand the wider tax implications of your decisions, identify available allowances and reliefs, and create a plan that protects your wealth now and for the long haul. Whether you're managing multiple income streams, planning to sell an asset, thinking about inheritance tax planning, or simply looking for sound advice on your personal finances, we're here to help.
At Unicorn Accountants, we help individuals across London and the UK take control of their personal tax affairs. Our ACCA-regulated team brings decades of experience supporting company directors, high earners, property investors, entrepreneurs, and internationally mobile clients.
We help:
- Company directors
- Freelancers and consultants
- Property investors and landlords
- High earners
- Individuals with overseas income
- People selling shares or property
- Trustees and beneficiaries
If you think you might be paying more tax than necessary, a quick call with our friendly team can soon give you answers. Call us on 02080640454 or contact us for expert support.
Support with personal tax returns
Support with personal tax returns
Completing a personal tax return can be straightforward for many, but for some, dividend income, rental properties, foreign earnings, investments, capital gains, pensions, and multiple income sources can make it surprisingly complex. Getting it wrong can lead to a larger-than-expected tax bill.
With Unicorn Accountants managing the filing process for you, any unnecessary stress vanishes. We'll gather all the information we need, then review your individual circumstances, identify any tax allowances, and prepare your Self Assessment return accurately and efficiently.
Beyond our efficiency, we're committed to building strong relationships with our clients and becoming their first port of call whenever tax questions arise.
Teodora was very helpful in dealing with my taxes which were a bit all over the place. She was very responsive to my queries, gave great advices, dealt with every aspect of my self assessment and in the end corrected all the errors I made in my return.
- Anthony S.
Our personal tax accounting services
As specialist accountants working with many different clients, we know that every person has a unique set of priorities. You might be planning for the future, dealing with multiple income sources, selling property, or facing a mix of challenges.
We'll work closely with you to provide the following tax services tailored to your situation.
- Comprehensive tax plans: Affordable solutions and professional planning
- Tax consulting and planning: Ensuring compliance and minimising the tax burden
- Personal tax returns: Filing returns without errors, adjustment for allowances
- Tax-efficient assistance: Minimise tax liabilities, maximise entitlements to benefits
- Businеss accounting guide: Unparallеlеd tax returns sеrvicеs for all business sizes
- Reliable income tax help: Reduce legal liability for income, capital gains, and inheritance tax
We cover the following tax planning advice
Capital gains tax planning
Selling a property, shares, or other assets can create a larger tax bill than you expected. We help you understand how Capital Gains Tax applies to your situation and identify opportunities to reduce your tax liability through available exemptions, reliefs, and careful planning.
Where possible, have a chat with Unicorn Accountants before going ahead with a disposal. Planning ahead creates opportunities that may no longer be available once the transaction is complete.
International taxes, planning, and cross-border tax advisory
If you have income from overseas, foreign investments, foreign rental properties, or spend time living and working in different countries, you may have additional tax considerations. We'll help you make sense of it all by explaining your reporting obligations and helping you stay compliant while avoiding unnecessary tax exposure.
Tax investigation, relief planning, and disputes
An HMRC letter landing in your inbox is enough to make anyone feel uneasy. If you're facing an enquiry or investigation, it's better to get expert advice from personal tax accountants than deal with it alone. Leave the worry to us. We'll speak directly to HMRC on your behalf, help gather the information needed to resolve matters as quickly as possible, and explain what you need to know without overwhelming you.
Inheritance tax planning
If your home, investments, or business have grown in value over the years, your estate may be worth more than you realise. While it's a good sign, it can also lead to a larger IHT bill for your family in the future. Getting started early with our inheritance tax planning advice helps you put the right tax-reduction strategies in place to protect your family's wealth and pass more on to them in the future.
Trusts and estate advisory
Part of an effective estate plan can involve setting up trusts to manage and protect your assets. We advise trustees, beneficiaries, and families on the taxation and administration of trusts. Whether you're setting one up or managing an existing estate, you'll have expert support whenever questions come up and peace of mind knowing that your affairs are compliant.
Personal income tax solutions
If you're unsure how much tax you owe or whether you're paying more than necessary, our personal income tax accountants can assist with reliable and honest guidance. Salary, dividends, rental income, investments, and overseas earnings can all affect your overall tax position, but we'll help you understand what's relevant for your situation and identify opportunities to reduce your liability.
Many of our clients also own businesses. If this is the situation for you, we can coordinate personal and company tax planning so everything works together as tax-efficiently as possible.
I changed accountants to Unicorn as I was fed up with my previous services, and I honestly cannot believe the difference it has made — not only to my business but also to my personal life.
- Emerald Struts
Get tailored personal tax advice from a Unicorn
Choosing Unicorn Accountants as your trusted tax advisor means having someone in your corner whenever questions arise. Whatever your situation, we'll help you stay on top of your taxes with tailored advice.
Curious about saving money on your tax bill? Get in touch with our team.
Frequently asked questions
Do I need an accountant for my personal tax return?
Not everyone needs an accountant to complete a personal tax return. If your finances are relatively simple, you may be comfortable filing your own Self Assessment tax return. However, if you have a mix of income or a complex situation you don't feel comfortable handling on your own, our professional advice can help you avoid mistakes and identify tax-saving opportunities that aren't always obvious.
How can I reduce my personal tax liability?
Reducing personal tax liability looks different for everyone, but it usually starts with making full use of your tax-free allowances, reliefs, and exploring tax-planning opportunities. It's about finding what works for your situation, which is where our personalised advice counts.