Making Tax Simple
At Turnberry Tax, we’re here to make the complex world of tax feel simple, clear and personal. We take the time to understand your situation, your goals and what truly matters to you to provide a tailored, tax efficient solution. We work closely with people who value clear, thoughtful advice.
Who we help
Families
Families planning for the future - helping you protect what you’ve built and pass it on with confidence.
Inheritance
Individuals thinking about Inheritance Tax - offering proactive guidance particularly in relation to the upcoming Budget 2024 changes.
Property
Individuals with property or investment gains - making sure your success is structured tax-efficiently and maximising use of available reliefs.
Business Owners
Whether you’re growing, reorganising or planning an exit, we’ll help you make the right decisions for you and your business
Estates
Executors and trustees managing estates - providing steady, expert support during what can often be a challenging time.
Our Services
Specialist support for Owner Managed Businesses
- Inheritance Tax planning in light of the recent Government changes – calculating potential exposure to IHT and offering mitigation solutions.
- Remuneration planning – ensuring the earnings from your business are structured in the most tax efficient manner for you and your family.
- Exit and retirement planning – working with your objectives to provide options for exit and advice on the tax implications.
- Support with business restructuring and re-organisations including applications to HMRC for advance clearance.
- Support in relation to business purchases and sales:
- calculation of Capital Gains Tax position
- advising on cash in hand position
- assist with tax due diligence
- review legal documentation including Share Purchase Agreement
Personal Tax
- Preparing and filing self-assessment tax returns
- Helping calculate and report rental income
- Capital Gains Tax advice and reporting, including property, shares, and other assets
- 60-day reporting for residential property sales
- Guidance through HMRC tax enquiries and investigations
- Voluntary disclosures of undeclared income
- HMRC
Trusts & Estates
- Preparing and submitting Trust and Estate tax returns
- Completing Form R185 for beneficiaries • Filing tax returns for deceased individuals up to the date of death
- Informal reporting during the administration period of an estate
- Assisting with HMRC trust registrations