Tax Planning
We provide UK income tax, capital gains tax and inheritance tax planning advice for individuals, trustees, executors and personal representatives. This includes lifetime tax planning, tax planning through Wills and post-death tax planning.
Using our experience and in-depth knowledge of personal taxation we can help preserve wealth, by avoiding the payment of unnecessary taxes, enabling it to be passed down through generations.
We advise on the formation and ongoing administration of charities.
Our clients include those who are domiciled in the UK as well as many non-UK domiciliaries who are either resident in the UK, spend part of the year in the UK, have assets located in the UK or have family interests here.
Our membership of TELFA and USLAW means we can provide solutions and advise on a range of cross border issues for our international clients.
News
Women And Wealth: Minimising The Inheritance Tax Burden
In this article for Wealth Briefing, Helen Barnett examines the knowledge gap between women and men where IHT is concerned; and what measures, as they become primary wealth holders, women… Read more →
News
Legal experts comment on today’s Budget: Chancellor proposes to increase overall tax take by stealth
Partners Jenny Cutts and Oliver Embley have been quoted in IFA Magazine, commenting on the Chancellor’s Autumn Budget announcements. Jenny Cutts, comments:“The much-predicated tax hikes did not arrive in the… Read more →
News
How would HMRC know? Automatically
Partner Antoaneta Proctor looks at how HMRC’s extensive information gathering powers together with increases in data sharing and the introduction of uniform reporting rules for online marketplaces, underline the importance… Read more →
News
Education Trusts
The last Independent Schools Council’s census found that annual school fees in 2020 rose to, on average, £15,000 per child. This means the average cost to parents of sending a… Read more →
News
Tatler Experts’ Corner: I’m clashing with family over our investment strategy, I favour sustainable investing, whereas they want pure financial return. How can we agree?
As part of the Tatler SOS Experts’ Corner, Camilla Wallace delves into the subject of investing sustainably and ethically and shares her advice on how to reach a consensus with… Read more →
News
Tax day: What does the future hold for IHT?
In the first government “Tax Day” yesterday, more than 30 different publications were issued by the Treasury in relation to the government’s tax policy. It had been expected that these… Read more →
News
Oliver Embley provides an overview of tax and family considerations when planning for the succession of a family business in the UK
Senior Associate in the Private Client team, Oliver Embley, writes for STEP Journal Plus on the tax and family issues to consider when planning for the succession of a family… Read more →
News
Separation Tax Anxiety
In this article for the STEP Journal, Helen Barnett, a senior associate in the Private Client team, and Trisha Siddique, a senior associate in the Family team, discuss how capital… Read more →
Legal Podcast
Episode 20 – Budget Tax Predictions
Abigail Pearson speaks about a few possible tax reforms that may be announced in the Budget on 3 March 2021.
News
CGT and Divorce Explained
Senior Associates in our Family and Private Client teams, Trisha Siddique and Helen Barnett, look at the capital gains tax consequences of separation and divorce in light of potential changes… Read more →
News
INHERITANCE TAX: RELIEFS, RATES AND EXEMPTIONS FOR FAMILIES- CampdenFB
Statistics from the UK government’s tax office show the amount of Inheritance Tax (IHT) families are paying has soared from £2.9 billion($3.9 billion) in 2011-12 to £5.2 billion ($7.1 billion)… Read more →
News
What do the proposed changes to CGT mean for IHT planning? eprivateclient
The Office of Tax Simplification (OTS) has recently recommended removing capital gains tax (CGT) uplift on death and instead focus on beneficiaries acquiring the assets at the historic base cost… Read more →
News
Emergency wealth tax ‘could wipe out UK’s pandemic bill’
The Wealth Tax Commission’s Report is extensive, thoroughly researched and well-argued but will not be well received by the majority of high-net worth individuals and many Conservative voters. The proposed… Read more →
News
Review of Capital Gains Tax – Major Reforms Proposed
Against the backdrop of much speculation over the combination of tax hikes that will be introduced to pay for the government’s Covid-19 spending, the Office of Tax Simplification (“OTS”) published… Read more →
News
Brexit and Spanish Inheritance Tax
Now that Britain has left the European Union, UK nationals with relatives in Spain might welcome a Spanish Supreme Court ruling, confirming that non-EU residents will not have to suffer… Read more →
News
Inheritance tax to be reviewed
The Chancellor wrote to the Office of Tax Simplification (“OTS”) on 19 January 2018 to ask them to carry out a review of inheritance tax (“IHT”). A scoping document for… Read more →
Bulletins
MAJOR REFORMS TO THE TAXATION OF NON-DOMICILIARIES
On 8 September 2017, the government published Finance Bill 2017-2019 (“the Summer Finance Bill”) reintroducing the majority of the proposed reforms to the taxation of non-domiciliaries (“non-doms”) put on hold… Read more →