We provide a comprehensive service to partners in professional firms, covering both your working life and your personal tax affairs.
As partners in a professional firm, we know that you need proactive advice that is relevant for you. We offer you the reassurance that we understand your specific needs and concerns.
Our team is available to you when you need us. You can rely on us to provide the right advice and to support you throughout your career.
I really value the relationship with Crowe and having seen the way my tax return is handled by Louis and his team in the past six years compared to my previous accountants, there is a massive difference. I felt with my previous accountants there was no access to partners, it was limited, not commercial and they did not have a pragmatic approach or think creatively. Louis was able to get my personal tax work respected by HMRC and partnership tax, where my previous accountants weren’t able to gain the respect in two years and Louis was able to achieve this for me in two months.
We act for a partner in a legal firm who was seeking tax advice surrounding his retirement from the partnership and the resulting tax impact.This included providing detailed advice on:
Our client was able to feel assured and knowledgeable in respect of his tax liabilities given the change in his employment status. As a result, he was able to plan for the future with more certainty.
We act for numerous partners of US law firms who are based in the UK but receive a share of the US profits. Each year we prepare their UK tax returns, a process which involves advising on matters such as:
This is a complex area which requires close liaison with HQ and a hands on approach to understand how everything fits together across the different jurisdictions. We are in regular contact with our clients, ensuring that they understand their financial position at all times.
There was no specific announcement by the Chancellor regarding professional firms and their partners. Though changes were made which will have an impact.