PM+M is predicting that it will grow its personal tax clients by at least 10 per cent by the end of this financial year. This comes after a 20 per cent rise over the past two years.
If the forecast is correct, PM+M will have over 2,000 retained personal tax clients spread across the North West and beyond.
The firm’s specialist tax team provides expert advice on all areas of personal tax compliance and tax planning including; tax efficient remuneration and benefits, inheritance tax and will planning, capital gains tax planning and trusts. This is in addition to its extensive range of business and corporate tax services.
Jane Parry, managing partner, commented: “We have seen a real surge in demand for our tax planning services – frequent changes in tax rules create uncertainty and mean that people are often unsure how they are affected or how they can achieve the best tax position.
“Many of our clients are business owners so need to consider tax planning for the business as well as themselves. This might be linked to specific transactions such as MBOs, company sales and or business successions, or it might be how to extract income from the business in the best way each year or planning for family inheritance.
Jane added: We have worked hard to build the tax team and our growing reputation means we are busy. We’ve got plans to grow it further over the coming months. The opening of our Bury office, under the stewardship of Helen Clayton, has generated work. In addition, an increase in corporate finance transactions has led to increasing demand for specialist tax advice so that people can maximise after tax proceeds and minimise tax risk.”