Partners in Professional Firms
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.
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.