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Personal taxes.

PEM have offered a highly professional and efficient assistance over the years. I commend them to anyone looking for friendly, accessible and high quality personal service on these matters.

Whether you’re thinking about this year’s tax return or further ahead to retirement and inheritance planning, there is often a significant amount that can be achieved to minimise your personal tax exposure.

Our 70-strong team of personal tax accountants based in central Cambridge provides a complete range of services and simple solutions to support you and help make your financial decisions easier. We work with individuals, professionals, entrepreneurs, trustees, executors and non-domiciles. Whatever stage you’re at in your life, we will help you get the most out of your money.

We are committed to helping you maximise the potential of your financial resources. Our goal is to ensure that you extract the most value from your money and achieve your financial objectives.

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Personal tax services

Capital Gains Tax

The disposal by sale, gift or destruction of every asset owned personally needs to be considered from a tax perspective – despite general belief to the contrary. The asset could include your own home, stocks and shares in an investment portfolio or even the sale of a business.

Inheritance Tax

Without the right planning HMRC could end up being the major beneficiary of your hard work rather than family and loved ones who could suffer IHT up to 40% on any assets passed to them.

Income Tax

Optimising spendable income is a priority for each of us. Understanding genuine opportunities to mitigate income tax achieves this. We work with individuals in a pragmatic manner reviewing their position each year to improve their financial future, from a simple review to protect allowances to asset and income restructuring there are opportunities for all

Tax compliance

Our team of personal tax accountants take the stress out of tax compliance and ensure that any risks of suffering penalties and surcharges for non-compliance are minimised. In addition we’ll utilise any tax reliefs and allowances that may be available to you.

Other services for individuals

Find out more about our private client team

Probate & estate administration

When emotions run high and families and friends are facing a new start our experienced team are on hand to help guide you through the maze of probate and estate administration.

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Financial planning

Life is not always plain sailing and at any time your financial and personal circumstances may unexpectedly change. Alongside tax and accounting advice you may need to seek specialist support from an independent financial adviser (IFA). We work with independent financial advisers (IFAs) that provide wealth management advice to individuals and their businesses to ensure a joined up approach.

International tax advice

Whether you’re doing business internationally or planning to live outside the UK, or move to the UK, we can help you save UK tax.

Trusts

When flexibility is the key as you are uncertain about the future a trust can be a perfect solution. Modern trusts play an important part in family financial management shielding wealth from erosion, providing protection for vulnerable individuals and enabling a gift to be made whilst retaining control.

Tax Investigation Service

Tax investigation. A duo of words guaranteed to strike fear into even a seasoned veteran of business. We understand how daunting and stressful this can be. Being selected for an HMRC investigation doesn’t always mean you’re at fault. However, it is up to you or your PEM tax investigation specialist to prove this.