Lutfy Ossman
Partner
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Division
Industry Expertise
Service Specialisms
About Lutfy
I worked for a national practice before joining SRLV in 1991. I’ve been a Partner almost since the start and have established an extensive portfolio of long-standing owner managed business clients. They span everything from art dealerships and heritage music artists to residential and commercial property developers and investors, established family businesses and start-ups.
I advise clients across all private client, business and corporate taxes and have considerable property industry expertise, particularly in relation to transactional taxes and business and property structuring.
As part of my role, I head up our highly experienced Owner Managed Business (OMB) team, providing expert commercial guidance and support to clients throughout the life of their businesses. This includes high growth strategies for start-ups and entrepreneurs and support with day to day accounting, VAT and tax compliance, sourcing finance, company valuations and corporate finance deals.
I work closely with owner managers and directors to help them run their businesses in the most tax efficient way, alongside advising them on profit extraction strategies, director and staff remuneration, incentives and share schemes. Whilst the majority of OMB clients are under the audit threshold, we also work alongside our audit team for a number of companies and LLPs.
I’m there to support and share my clients’ journey, whether they need a strategic sounding board, or the benefit of my industry experience to navigate the intricacies of complex property deals. My focus is always on being proactive and pre-emptive so I can advise them on how best to enhance their businesses.
Clients trust us to have a thorough knowledge of their companies and industries so we can anticipate issues and ask tough questions for them in order to avoid any potential pitfalls. It’s also about working to the different needs and people dynamics within a business, as well as appreciating the sensitivities that can often exist around matters such as succession planning.
Outside work, I am a Trustee of the Light and Hope Foundation, which raises funds for under-privileged women and children.
Being both pre-emptive and proactive is key with Owner Managed Businesses. Our clients trust us to sometimes ask the tough questions in order to avoid potential pitfalls.
Lutfy Ossman | Partner