Tax is getting more and more complex. Moves to merge income tax and National Insurance Contributions, or to simplify inheritance tax and capital gains tax, have all been floated and then shelved. The complexity remains. In order to ensure that you do not pay any more tax than you need to, whilst still paying what you should and therby remaining compliant, you need professional advice.
Every pound of income tax that you save naturally means there is more money at your disposal; every well-planned disposal of an asset means minimised loss of capital gains; and every inheritance tax saving, through good planning, means more money for your beneficiaries in the longer term. There are many significant and perfectly legitimate ways of paying less overall tax.
Oaktree has worked with many individuals, from all walks of life, with very different personal situations and needs, from young families to retired individuals and couples, giving advice on income tax, capital gains tax, inheritance tax, trusts and estates, as well as non-domiciliary tax issues.