Tax Planning

Gabb and Co is one of the few legal firms outside the major cities to have its own tax department and is now recognised as one of the leading law firms in the country for estate planning work. We act for private and corporate clients across the country, providing expert advice on a broad range of tax problems ranging from inheritance and capital gains tax to stamp duty.

Head of Department Edward Jones TEP, together with Dawn Sullivan TEP concentrate on inheritance and capital gains tax planning for high net worth clients, small and medium enterprises and private company shareholders.  The tax team’s strong reputation is founded upon a practical and commercial approach based on technical knowledge, experience of dealing with HMRC and careful consideration of a client’s individual circumstances. In addition, we have close links with one of the top tax barristers’ chambers in London, giving us access to the very latest planning techniques and ideas. If necessary, we can call upon this highly specialised knowledge to assist us in providing innovative solutions to complex legal problems.

Company directors, businessmen, farmers, private individuals and professionals are among those clients who regularly benefit from our taxation expertise across a broad spectrum of issues affected by taxation including: -

  • Choosing the right business structure
  • Maximising tax reliefs for farmers and business owners
  • Avoiding / mitigating tax on the sale of a business
  • Tax and estate planning
  • Tax efficient wills, family trusts and inheritance tax planning including advising about exemptions and reliefs
  • Passing assets (including the family house) down to the next generation in the most tax-efficient way
  • A tax consultancy service for other professional firms, e.g. accountants, financial advisers and even other solicitors
  • Advocacy service

We focus on providing practical advice and solutions no matter how complex the problems. We aim to provide a personal service of the highest quality dealing with our clients’ needs quickly and in a cost-effective way.

We have a national reputation for this type of work, acting for clients in London, the Home Counties, the Cotswolds, West Midlands, West Wales and all along the Welsh Borders. We also deal with an increasing amount of international work especially for non-UK domiciliaries.

Stop Press: Changes to the rules relating to debts and inheritance tax

This year's Finance Bill will implement significant changes to the way in which debts are dealt with for inheritance tax purposes.  This change may affect a substantial number of people, and will be of particular concern to farmers and business owners.  It may be necessary to re-assess your estate planning strategy in light of these changes.  NB  If you have existing debt secured on business or agricultural property, DO NOT re-finance before taking advice from us.

Please contact Edward Jones at edward.jones@gabb.co.uk if you need further information about the services we offer.