Tax Planning
Personal and corporate tax planning — high worth, low tax solutions
Philip Barnes & Co Chartered Accountants have more than 50 years of experience helping business owners and high-worth individuals in Tamworth and across Staffordshire pay less tax — legally, compliantly, and with a plan built around their circumstances.
What we do
Minimising your tax bill — across every tax you face
Tax planning isn't a single conversation. It spans income tax, inheritance tax, corporation tax, and capital gains tax — and the best outcomes come from looking at all four together.
Philip Barnes & Co provide personal and corporate tax planning for high-worth individuals and business owners. Whether you have multiple income sources, a growing company, or assets you're planning to pass on, the firm structures your affairs to reduce your liability while keeping you fully compliant with HMRC.
The firm is regulated by the ICAEW and has been advising clients from its Tamworth office on Halford Street for over five decades. That depth of experience means the team has seen — and planned around — every major change in UK tax legislation.
Areas covered
Four tax areas. One joined-up plan.
John Clark, who became a full partner in 2004 after more than a decade mentored by founder Philip Barnes, leads the firm's high-wealth tax planning work. He has saved his clients £millions during his career at Philip Barnes & Co — including top-flight sports professionals, for whom he has delivered significant tax savings through restructuring and long-term planning.
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Income tax
Multiple income sources — employment, self-employment, dividends, rental — create complexity. John and the team map every source and identify every allowance, relief, and timing opportunity available to you.
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02
Inheritance tax planning
IHT planning works best when it starts early. The firm helps clients structure gifts, trusts, and business property relief before the estate crystallises — not after. The earlier the conversation, the more options remain open.
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03
Corporation tax
Tax-efficient company structures, timing of profit extraction, and use of available reliefs all affect your corporation tax bill. The firm reviews your structure and advises on the most efficient approach for your business at its current stage.
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Capital gains tax
Selling a business, a property, or an investment? CGT reliefs — including Business Asset Disposal Relief — can significantly reduce the tax due. The firm ensures you claim every relief you're entitled to before the disposal completes.
R&D Tax Credits
Does your business qualify for R&D tax relief?
Many businesses that invest in developing new products, processes, or software are eligible for R&D tax credits — and many don't realise it until a specialist looks at the work they're already doing.
Philip Barnes & Co advise on R&D tax credit claims from start to finish: identifying eligibility, estimating the rebate value, structuring the claim, and setting up the controls needed to support future claims year on year.
Dean Ackrill leads this work. Dean is a chartered accountant with a strong commercial background — he spent 13 years helping SMEs grow before becoming Financial Director of a telecoms firm at 32. During his 11-year tenure he managed growth, restructure, and multi-million pound savings. In 2002, the telecoms firm he served as Financial Director was recognised as one of Deloitte's Top 50 Fastest Growing Businesses. Dean now specialises in R&D tax credit claims at Philip Barnes & Co.
If you think your business might qualify — or you're simply not sure — a free initial conversation with Dean is the right starting point.
Learn more about R&D tax credits →
Ready to pay less tax?
Book a free, no-obligation meeting with the Philip Barnes & Co tax planning team. We'll review your current position and identify where savings are available — with no commitment required.
Tamworth: 01827 60033 |
The Old Council Chambers, Halford Street, Tamworth, Staffordshire B79 7RB
Uttoxeter: 40 Carter Street, Uttoxeter, Staffordshire ST14 8EU