https://elizabethtax.co.uk/elizabeth-tax-blog daily 0.75 2020-12-03 https://elizabethtax.co.uk/elizabeth-tax-blog/tax-the-way-it-should-be monthly 0.5 2020-09-02 https://elizabethtax.co.uk/elizabeth-tax-blog/second-home-tax monthly 0.5 2020-09-04 https://elizabethtax.co.uk/elizabeth-tax-blog/when-to-get-tax-advice monthly 0.5 2020-09-08 https://elizabethtax.co.uk/elizabeth-tax-blog/autumn-budget monthly 0.5 2020-09-29 https://elizabethtax.co.uk/elizabeth-tax-blog/moving-to-the-uk monthly 0.5 2020-11-20 https://elizabethtax.co.uk/elizabeth-tax-blog/4-reasons-capital-gains-tax-could-increase monthly 0.5 2020-12-03 https://elizabethtax.co.uk/home daily 1.0 2020-09-25 https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f4573aabb0b1537ebdd33d5/1598393926774/Inheritance+tax+advice+for+your+family Home https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f4444c5e69bfd579524d88a/1598485087336/Tax+return+service Home https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f45746e29578a6bb173d645/1598393914403/International+tax+advice+for+non+domicile Home https://elizabethtax.co.uk/about-us daily 0.75 2020-09-25 https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f4834d29b3e642ae9e869b4/1598568018134/Elizabeth+Goshtai+Tax+Advisor+Elizabeth+Tax+Services About us - Elizabeth Goshtai CTA, TEP I believe that being a trusted advisor is about more than just knowing the legislation, it’s about knowing the people. I am passionate about providing practical tax solutions and delivering outstanding service to my clients. Understanding the aims and priorities of my clients is key to being able to provide recommendations that give sufficient guidance so they can make informed choices. Having fostered relationships over many years, I care deeply about finding a good outcome for my clients and to see them and their families prosper. My approach is collaborative, sharing my experience and expertise with people, and working hand in hand with their legal or financial advisers to recommend and implement effective tax planning strategies. I have over 15 years experience advising high net worth individuals and families on their UK tax position and appropriate tax planning opportunities to meet their objectives. I spent 11 years at Coutts & Co delivering exceptional tax advice and working closely with wealth managers to find banking and investment solutions. I have also worked at RSM for 4 years, advising both UK and international clients, as well as advising on property, pension contributions, tax residence, business owners, and inheritance tax planning. I am a Chartered Tax Advisor (CTA) and a member of the Society of Trust and Estate Practitioners (STEP). Outside of work, I love to share new experiences with my husband and two children, and will be found spinning on a Peloton on a daily basis. https://elizabethtax.co.uk/contactus daily 0.75 2020-09-25 https://elizabethtax.co.uk/inheritance-tax-planning daily 0.75 2020-09-25 https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f6cfee26e9b680049b25e84/1598649924978/Inheritance+tax+planning Inheritance Tax Planning - How we conduct a Wealth and Succession review We work closely with you and your family to understand your objectives and priorities, so we can recommend appropriate solutions that are tailored to your circumstances. Following a meeting to better understand your assets, we will: Review whether your assets qualify for valuable reliefs such as Business Property Relief (BPR) and Agricultural Property Relief (APR). Maximise the benefit of IHT exemptions, including the Nil Rate Band (NRB), Residence Nil Rate Band (RNRB) and spouse exemption. Review the tax efficiency of your existing Wills and suggest suitable amendments. Consider the benefit and appropriateness of lifetime giving and how the IHT position interacts with Capital Gains Tax (CGT) on gifts. Consider appropriate structures, such as trusts or family investment companies, as vehicles to pass value to the next generation. Advise on the use of life insurance to cover a potential exposure to IHT. We work collaboratively with your legal and financial advisers to ensure recommended actions are implemented, and any practical hurdles are overcome. If you don’t have an existing legal or financial adviser, we can put you in touch with several firms who we think would best suit your needs. If you would like to have a discussion about the benefits of a Wealth and Succession Review, please get in touch. For non-UK domiciled individuals the settlement of a trust before becoming deemed domiciled can be particularly valuable. In addition, if two spouses have different domicile statuses, this may significantly increase the exposure to IHT. With the right advice, we can make this work to your advantage. https://elizabethtax.co.uk/international-tax daily 0.75 2020-09-25 https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f5d46c71dbe6930fb2d42a9/1599948516472/UK+Tax+Basis+Non+Dom+Remittance+Basis+Residence International Tax https://elizabethtax.co.uk/tax-return-service daily 0.75 2020-10-12 https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f84bd67ef3b1c6dc8be5e25/1602534768384/Tax+Return+Service+Elizabeth+Tax+Services Tax Return Service https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f84bca4f8fa277dd0951b35/1602534724423/Tax+Return+Service+Elizabeth+Tax+Services Tax Return Service https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f84bd5058a93a00985fa8fb/1602534745605/Tax+Return+Service+Elizabeth+Tax+Services Tax Return Service https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f84bcd66afb477fd999827e/1602534718330/Tax+Return+Service+Elizabeth+Tax+Services Tax Return Service https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f84bd0dea9ead5e94e4514b/1602534696914/Tax+Return+Service+Elizabeth+Tax+Services Tax Return Service https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f498f41184e171b10b90100/1598823032234/A+digital+tax+return+service+Elizabeth+Tax+Services Tax Return Service - A fully digital service We can manage this whole process digitally to save you time and effort and ensure you have the highest level of engagement from us throughout. Video and voice calls during evenings and weekends. Documents from us can be electronically viewed and signed You can send us photos or scans of documents. We work with your existing advisors or private banking managers We us the latest software to manage your submissions safely and securely. https://elizabethtax.co.uk/capital-gains-tax daily 0.75 2020-08-31 https://static1.squarespace.com/static/5f1df9d4555b8a1ff8e60ab8/t/5f4c1b8f0fd7671843417c8b/1598913100572/Capital+Gains+Tax+%28CGT%29+on+stocks+and+shares Capital Gains Tax (CGT) - We provide Capital Gains Tax calculations and planning Capital gains tax (CGT) may be due on the sale or disposal of most assets, subject to a few exceptions. The amount of tax due will depend on a number of factors: What is the base cost (i.e. the price paid) for the asset? Has the asset been sold at market value, or gifted to someone? Do you have any losses brought forward or in the current year which could reduce any taxable gains? What type of asset is it? For example, residential property gains are taxed at 18%/28% rather than the standard 10%/20%. Are there any tax reliefs available, such as Principal Private Residence (PPR relief), Business Asset Disposal relief, gift hold-over relief, or chattels exemption? Can you defer the payment of the tax by investing the gains into a qualifying investment? What is your tax residence position? Are the gains in excess of the available annual exemption (£12,300 for 2020/21)? All of the above and more can not only impact how much tax is due, but also when it needs to be paid, and by whom. Taking advice in advance of any significant change in residence, property ownership, or family change (such as divorce or gifts to children) could significantly reduce your CGT liability on disposal. New reporting regime for UK residential property – don’t get caught out! For UK residential property disposals taking place since 6 April 2020, individuals, trustees, and personal representatives need to report the disposal and pay any CGT liability within 30 days of completion. Historically, non-resident individuals only needed to report the disposal of UK residential property, but from 6 April 2020 non-resident individuals, trustees and personal representatives, also need to report disposals any interest in UK land, disposal of mixed use properties, and the disposal of shares that derive at least 75% of their value from UK land. A new Capital Gains Tax on UK Property return should be submitted digitally where possible. We can assist with the calculations to consider any periods of residence or letting which may qualify for tax relief, capital enhancements, and any capital losses available in order to be able to complete the return. The rate of CGT due can depend on the level of other income in the tax year. As this may be unknown, the rate of tax applied should be based on a ‘reasonable estimate’ of the income of the individual in the tax year. For tailored advice, or preparation of the CGT on UK property return, please get in touch. https://elizabethtax.co.uk/privacy-policy daily 0.75 2020-09-06