Tax & Advisory
Your experts
We provide practical, commercial advice for wealthy international and UK individuals, family businesses, partnerships, trusts and landed estates on all aspects of UK tax.
We have a strong tradition of working for families with multi-generational wealth in multiple jurisdictions and have particular expertise in integrating the tax requirements of clients’ business lives into their overall planning strategies.
Our expertise includes advising on:
- the UK’s statutory residence test
- remittance basis of taxation and preparing to move to the UK
- business investment relief and bringing funds to the UK as a non-UK domiciled individual
- the treatment of UK and overseas trusts, including the implications of a settlor or beneficiary moving to the UK and establishing “excluded property” trusts
- establishing structures to hold personal and business assets, both in the UK and overseas, including trusts, partnerships and companies
- business property relief and agricultural property relief in relation to inheritance tax
- investors’ relief and business asset disposal relief in relation to capital gains tax
- the taxation of UK companies
- the acquisition, holding or “de-enveloping” of UK residential and commercial property.
How we help
- In-depth tax knowledge – We advise on all aspects of income, capital gains and inheritance tax, as well as VAT, corporation tax and SDLT
- Providing coordinated advice – We work alongside our corporate and real estate teams as well as leading tax advisors in other jurisdictions to provide coordinated advice on our clients’ asset holding structures and estate plans in the UK and overseas
- UK real estate – We regularly advise both UK and non-UK resident individuals and corporates on the UK tax implications of acquiring, holding or disposing of UK residential and commercial real estate
- Personal estate planning – We draft wills for clients and assist them with their estate planning more generally, including working with their advisors in other jurisdictions in relation to the passing of wealth to the next generation in a tax efficient manner
- Corporate transactions – We advise clients on the tax considerations of commercial transactions, whether it is mergers & acquisitions, management buyouts, property acquisitions or business reorganisations
- Asset holding structures – We provide clear advice in relation to the structuring options available to individuals, trustees, funds, companies, landed estates and family businesses, in the UK and internationally
Recommended reading
The promotions are indicative of the firm’s continued investment in future talent and growth of its well-regarded Corporate, Private Client and Tax, Real Estate and Family teams. The newly promoted Senior Associates are; Fred Clark (Corporate); Katherine Worrall (Real Estate); Katie Male (Family); and Michael Duffy (Private Client & Tax).
Read more 13 Apr 2023 Employee ownership trusts: an underused exit for business ownersWith the employee ownership trusts on the rise, Senior Associate, Charlie Hewlett outlines the five main conditions which must be satisfied for a shareholder to be eligible for the tax benefits of selling to an employee ownership trust and the risks business owners should be aware of.
Read more 12 Apr 2023 UAE family businesses: navigating the new regulatory regimeIn Entrepreneur Middle East, Private Wealth Partner, Kyra Motley examines the UAE’s new legal framework – Federal Decree-Law No. 37 of 2022 (or ‘FDL37/22’) – which aims to support the sustainability and growth in family-owned businesses.
Read more 14 Mar 2023 Lessons for long-term growth? Ask the familyIn SME Magazine, Corporate & Commercial Partner, Richard Beavan outlines 6 lessons all businesses striving for growth under the current challenging economic conditions can learn from family businesses.
Read more