Private Tax Client
Whether it’s income, pension savings and investments, real estate, or inheritance, there’s a multitude of ever-changing and complex tax issues surrounding personal wealth; we guide our clients through these, whilst working to protect and enhance their wealth aspirations.
Protecting family wealth for future generations
With assistance from a worldwide network of advisors, we oversee the global tax affairs of a portfolio of prominent, ultra-high-net worth individuals, successful professionals and entrepreneurs, wealthy families, trusts and non-domiciles; many of whom have extensive, often global, business, property and investment interests, requiring wide-ranging and complex tax compliance and advisory support.
Each client has their own unique family situation, lifestyle priorities and wealth structuring opportunities. We shape our advice to their individual needs, acting as their financial manager and confidant, working alongside private banks, wealth advisors, family offices and trust companies – to oversee every aspect of their wealth and maximise tax efficiency.
Whilst we handle all UK compliance related matters for clients with the utmost of discretion, our focus is on providing a first-class advisory and ‘financial management’ service, helping them anticipate any tax issues that could arise with their affairs and advising them on all their financial decision-making throughout the year. Key to the personalised service we provide is that clients can access our advice and support when they need it – we are always available to assist and answer questions they have or advise on any business or personal tax matter for peace of mind. We value the confidence in which we’re held, and the trust that underpins this.
Areas we cover:
- Full tax compliance management (including Self-Assessment)
- Capital Gains Tax and Business Asset Disposal relief (Entrepreneurs’ relief)
- Non-domicile and UK residency status
- Family office and onshore/offshore Trusts
- Cross border tax issues, withholding tax mitigation
- Royalties, digital income streams and cryptocurrency
- Seed Enterprise Investment Scheme (SEIS), Enterprise Investment Schemes (EIS)
- Wealth structuring for business, property and investment portfolios
- Succession planning for family businesses
- High value real estate tax (including SDLT, ATED, NRCGT, IHT and NRL)
- Inheritance Tax and Probate services
- Forensic accounting and tax due diligence for matrimonial dispute cases
Considering all personal and business tax aspects in the round
An integral part of clients' lifelong financial decision-making
Our clients often have extensive business investment interests. So, whether it’s their own company, generational family businesses, trusts, or partnerships, our multi-disciplined expertise enables us to consider every aspect of their personal and business tax affairs. Viewing their situation in the round is key to delivering the most tax effective advice. Where possible, we also work closely with clients’ financial advisors to ensure they receive integrated wealth, financial and tax advice.
Clients benefit from our wide range of tax services, exceptional tax proficiency, and deep understanding of their financial affairs, which allows us to think more widely about the advice we give. Our substantial expertise on high level tax matters that are particularly relevant to ultra-high net worth individuals and their families is hugely valuable to clients; from wealth preservation, family succession planning, high-value real estate structuring and disposals to tax efficient investments, resident and non-UK resident landlord regimes, specialist tax support for property developers, and litigation support for legal teams. We are also qualified to act for clients on probate and estate matters and, given our in-depth knowledge and understanding of their financial affairs which can span many decades, we’re often the advisors who are best placed to do so.
We have considerable experience in providing high level HM Revenue and Customs (HMRC) support and full tax compliance management for private clients, ensuring they fulfil all of the relevant tax reporting requirements. Whether it’s bookkeeping, the preparation and filing of private client tax returns, remittance management, or liaising with HMRC and tax offices worldwide on withholding tax and international wealth matters, our clients have peace of mind that all aspects of their tax affairs are fully considered and compliant.
We always have an eye on the bigger picture, pre-empting potential issues and monitoring legislative changes to ensure clients are best placed to protect their interests as well as capitalise on financial opportunities. We collaborate with their other advisors, where possible, to ensure a holistic approach; in this way, we become integral to our clients’ financial decision-making, building strong, long-lasting relationships of trust.
Wide-ranging international tax expertise
From Sydney, Los Angeles and New York to Paris, Cape Town and Singapore, we have over 30 years’ experience of managing international tax matters for clients, from a UK perspective. Additionally, we support a growing number of non-domiciles, multi-national companies and groups with their UK tax compliance, whilst advising them on a raft of issues, covering the tax implications of different UK company set ups, wealth, business and property structuring to transfer pricing arrangements, residency status, and secondment packages for expatriate employees.
Whether it’s managing withholding tax, structuring worldwide investment portfolios, or advising clients moving overseas, our holistic approach ensures that all aspects of their business and personal affairs are fully considered and as tax efficient as possible. Whilst we’re able to advise on cross border issues from a UK tax perspective, clients can also access high quality, international consultancy for the different tax jurisdictions through our worldwide private client advisory network, Premier International.
