In the complicated world of private client tax, no one solution fits all. You need an ambitious approach to the increasing complexity of personal taxation – an approach that MHA offer our private clients, with specialist advice that is personalised to meet their unique needs. We act for a wide variety of private clients including families we have advised for several generations, international private clients, and investment structures.
Now more than ever, our expertise matters. We deliver a comprehensive set of services that equip you with practical, bespoke advice to help you meet your compliance obligations – freeing you to structure and plan your affairs around your financial goals.
Our services include:
Private Client Tax Insight and Events
Inheritance tax update – HMRC issues new IHT100 forms
Autumn Budget 2024: Navigating the speculation – should you make your financial moves now?
Autumn Budget 2024: Should Scottish taxpayers act now to avoid pain later?
Tax Changes Loom in Autumn Budget—prepare now for changes to key policies
Will Labour’s Autumn Budget target high net worth individuals with a wealth tax?
Pensions – are you saving enough?
Why MHA?
- We are part of one of the world’s top 9 international networks as the UK member of Baker Tilly International: we have access to over 41,000 professionals in 145 territories worldwide.
- We act on behalf of a wide variety of private clients, including families we have advised for several generations, international private businesses and investment structures, both be based in the UK or internationally.
- We are diligent and professional and are also ambitious for our clients; we are not afraid to speak up when we see a better solution.
- We provide high-level, technical advice through a network of friendly local offices.
Our Private Client Tax team
James Kipping
Tax Partner
Full detailsRachel Marsdin
Tax Partner
Full detailsPhilip Williams
Partner
Full detailsMartin Cheyne
Partner
Full detailsFrancis Hudson
Partner
Full detailsEuan Fernie
Partner
Full detailsJoe Spencer
Partner
Full detailsPrivate Client & Entrepreneurial
Our private client and entrepreneurial team work with business owners, investors, trustees and other family investment vehicles across all sectors, advising on a number of issues, including:
- Capital gains and income tax planning, optimising tax rates and reliefs
- Cash extraction planning, shareholder exit strategies and investment structuring and restructuring
- Succession planning and wealth preservation, including with trusts, partnerships and companies
- Tax efficient structuring of business ventures including from early stage through to exit and supporting business owners into retirement.
Property Investments
We deal with compliance on the acquisition and disposal of UK property and can advise both non-residents investing in the UK and UK buy-to-let landlords. We advise on the most appropriate ownership structures and cover all relevant UK taxes including capital gains tax, stamp duty land tax, land and buildings transaction tax, land transfer tax, annual tax on enveloped dwellings, inheritance tax and VAT.
International Private Client
Having exposure to more than one, or multiple jurisdictions adds significant complexity and emphasises the need for appropriate and bespoke planning. Our services include advising in relation to the following:
- Non-domiciled individuals
- Becoming or ceasing to be UK resident
- Non-resident landlords
- Individuals and entities investing into the UK
- Non-resident trusts and/or UK resident beneficiaries of non-resident trusts
As part of the Baker Tilly International network, our team works with our network partners to ensure we deliver an exceptional and joined up service internationally.
Inheritance tax planning
The thought of inheritance tax planning can be daunting, but with proper planning your family can benefit significantly from the actions you take today. We will review your affairs to determine your current exposure and advise on the best options, which may include reducing your taxable estate through maximising reliefs, the appropriate ownership of assets, gifting or structuring future growth and the use of trusts and tax efficient investments.