Private Client Tax

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.

Private 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.