Tax Planning for High Earners & Senior Professionals

If you earn over £100,000, you’re in HMRC’s most punishing tax bracket. We help high earners, City professionals, doctors, lawyers, and senior executives keep significantly more of what they earn — legally.

Do You Know How Much Tax You’re Really Paying?

“Imagine knowing that every pound above £100,000 isn’t disappearing at 60% — because you’ve planned around it…
Imagine your pension contributions working as hard as possible, reducing your tax bill and building your future at the same time…
Imagine your personal service company structured so that salary, dividends, and corporation tax are all working together — not against you…
Imagine knowing your IR35 status is watertight, with a clear extraction strategy that leaves as little as possible with HMRC…
Imagine knowing exactly where you stand before 5 April, with time to actually do something about it…”

What would be different if you had all of this?
You’d stop overpaying tax. You’d have a clear plan rather than a last-minute scramble every January. And you’d feel confident that the financial side of your career is being managed by someone who actually understands what high earners face.

That’s where we come in.

Most High Earners Are Overpaying Tax

Filing a self-assessment return is not the same as tax planning. Most high earners have their return filed accurately — but filed in a way that captures none of the reliefs, allowances, and timing decisions that could make a material difference to the bill.

Between £100,000 and £125,140, your effective marginal tax rate is 60%. That’s not a typo. For every £1 you earn in that band, you keep 40p. The people who understand this — and plan around it — are the ones who keep significantly more of what they earn.

The difference between a return that’s filed and a return that’s planned can easily be £5,000–£20,000 a year. That’s not tax avoidance — it’s knowing the rules and using them properly.

Who We Work With

How We Help

The 60% Tax Trap Planning to Get Out of It

Between £100,000 and £125,140, your personal allowance is progressively withdrawn, creating an effective 60% marginal rate. Most high earners either don’t know this or don’t have a plan for it. We do. Pension contributions, charitable giving, and careful timing of income and bonuses — including dividends from your PSC — can all be used to reduce adjusted net income below the threshold, restoring your personal allowance and cutting your effective tax rate significantly.

Personal Service Companies (PSC) Structure, Tax & Compliance

If you operate through your own limited company, getting the structure right matters enormously. We advise on the optimal salary/dividend mix each year, corporation tax planning, and how to extract profits in the most tax-efficient way — taking into account your personal income position, pension allowances, and the interaction with your personal tax return. We also advise on VAT registration and the flat rate scheme for eligible contractors.

IR35 Status, Risk & Compliance

IR35 remains one of the most consequential and misunderstood areas of contractor tax. Getting it wrong — in either direction — is expensive. We review your contracts and working practices to give you a clear and defensible view of your IR35 status, advise on structuring engagements to support outside-IR35 positions where appropriate, and help you manage the compliance obligations if you are caught inside IR35. We’re not in the business of telling clients what they want to hear on IR35.

Self-Assessment Tax Returns

We don’t just file your return — we review your entire income position before we prepare it. Every source of income, every available relief, every allowance — whether you’re employed, a PSC director, or both. Your return is prepared by a qualified Chartered Accountant, submitted on time, and accompanied by a clear summary of what you’re paying and why. No surprises in January.

Pension Contributions & Salary Sacrifice

Pension planning is one of the most powerful tools available to high earners and PSC directors alike. Personal contributions can restore your personal allowance and reduce adjusted net income out of the 60% band. Employer contributions via your limited company can be even more efficient — they reduce corporation tax, bypass the dividend allowance, and don’t count as a personal contribution for annual allowance purposes in some scenarios. We model the numbers before you act.

Dividend Planning for Director-Shareholders

The mix of salary and dividends from your PSC needs to be recalculated every year. Changes to the dividend allowance (now just £500), corporation tax rates, and your personal income position all affect the optimal split. We take your full picture into account — employment income, other sources, pension contributions, and the 60% trap — and give you a specific recommendation, not a generic one.

Residency & Non-Dom Tax Issues

If you’ve moved to or from the UK, work across jurisdictions, or have foreign income or assets — including through a foreign company or overseas PSC arrangement — your tax position is more complex than a standard self-assessment return can handle. We advise on UK residency status, foreign income reporting, and double tax treaty claims, working with specialist international advisers for the most complex cases.

Transparent Fixed-Fee Pricing

No hourly rates. No surprise bills. You’ll know exactly what you’re paying before we start

Essential

Employed with straightforward affairs
£ 299 +VAT From - per annum
  • Self-assessment tax return
  • PAYE income & benefits
  • Basic tax planning review
  • HMRC correspondence

Professional

★ MOST POPULAR
Complex affairs, multiple income streams
£ 699 +VAT From - per annum
  • Everything in Essential
  • Multiple Income Sources
  • 60% trap mitigation
  • Pension & salary sacrifice planning

Personal Service Companies

£ 2.399 +VAT From - per annum
  • Statutory accounts & Corporation tax return
  • Confirmation statement
  • IR35 status review
  • Corporation tax return
  • VAT returns (incl. flat rate)
  • Payroll for 1 director
  • Xero accounting software

Executive

Senior executives & non-dom
£ 1199 +VAT From - per annum
  • Everything in Professional
  • Non-dom & residency advice
  • Advanced profit extraction planning

Not sure which package is right for you?
Book a free 15-minute call and we’ll tell you honestly.

Free Guide: The High Earner’s Tax Planning Guide

How to keep more of what you earn above £100,000 — the 60% trap, pension planning, salary sacrifice, PSC profit extraction, and the key moves to make before 5 April each year. Written by Paul Stankiewicz FCA.

Download Your Free Guide

Practical tax-saving strategies for Wimbledon business owners.
Enter your name and email below for instant access.

No spam. Unsubscribe at any time.

×

Success!

Your guide is ready to download.

Download PDF

Paul Stankiewicz BSc(Hons) FCA

Founder & Managing Partner

Are You Ready?

Is Your Current Accountant Actually Saving You Tax?

If you answered “no” to any of these, you’re almost certainly paying more tax than you need to.

We’re not just accountants — we’re tax planners. We work with high earners all year round, not just in January. And we’re ICAEW Chartered Accountants — no trainees, no handoffs, no one-size-fits-all returns.

What Our Clients Say

“We have always been very impressed with Paul’s depth of knowledge in personal, company and international accounting and taxation matters”

At the time we had just started a new business venture in property development in the UK. Mr. Paul Stankiewicz of Paul Marks was most helpful and dealt with all matters speedily and efficiently. We also entrusted our personal taxation to Paul Marks & Co. soon after. Over the years we have always been very impressed with Paul’s depth of knowledge in personal, company and international accounting and taxation matters. He has never failed us in providing appropriate solutions to any questions which arise.

Private Individuals — Switzerland Managing Director — The London Alcove Company

“I get excellent advice and support in relation to my tax affairs and filing my self assessment return”

Paul has been my accountant for a few years. I get excellent advice and support that I need in relation to my tax affairs and filing my self assessment return. Added to that he is very approachable and generous with his time. I highly recommend him to anyone looking for an accountant.

Richie Collins Owner — Richie Collins Plumbing & Building Services

“Excellent, practical advice over and above what was paid for”

Paul Marks & Co were extremely efficient and professional. Excellent, practical advice over and above what was paid for. I would definitely recommend and use again.

Robbie Parkin Barrister

“I am always confident that they are looking after my interests and giving me the relevant advice in relation to my tax affairs”

Paul Marks & Co have been preparing my individual accounts & tax returns for many years now. They are highly professional, friendly and extremely knowledgeable. I am always confident that they are looking after my interests and giving me the relevant advice that I need in relation to my tax affairs. I have no hesitation in recommending them.

Roger London Senior Partner — St James’s Place Partnership

Ready to Stop Overpaying Tax?

Book a free 20-minute discovery call. We’ll review your situation, show you what’s possible, and tell you honestly whether we can save you money. No pressure. No jargon. Just clear, honest advice from Chartered Accountants who specialise in high earners.

Prefer to call us directly?: 0208 879 7777

Tuition House, 27–37 St George’s Road, Wimbledon, SW19 4EU
Serving Wimbledon, Raynes Park, New Malden, Kingston, Putney, Wandsworth, Clapham & across SW London