Taxes are an inevitable fact of life for organisations and individuals alike, and ensuring your tax undertakings are in order as a sole trader or freelancer is an essential part of keeping the business both legal and profitable. The tax office take the view that "ignorance is no excuse" and all taxpayers are expected to be familiar and comfortable with the bureaucracy and complexity of the tax system.

At Pro Active Resolutions we recognise that for many sole traders and freelancers, this view by HMRC means the administration of their tax affairs can be a worrisome undertaking. We aim to take the worry out of tax because we know it inside out.

As part of our tax advice for sole traders and freelancers, we have developed a free guide to inheritance tax – just one of the many areas we have helped clients with in recent years.

Inheritance Tax – An overview
The inevitable things in life, such as death and taxes are ones that we do not like to dwell on too much. It is perfectly possible, with careful planning to minimise the impact of Inheritance Tax , and thus leave a larger estate to pass onto family, friends and other named beneficiaries.

It is perfectly legal to arrange ones affairs so as to minimise tax liabilities (tax avoidance) but not to deliberately under declare income and overstate costs (tax evasion) – Dennis Healey was quoted to have said that the difference between the two "was the thickness of a prison wall"!

We can advise you on a wide range of taxes, discuss different tax planning approaches, and if required assist you with any tax investigations and audits.

If you'd like more information on how we can help you with your tax management simply call today for a FREE consultation on 0116 2247122