Private Wealth

Tax Law

As UK tax law becomes increasingly complex, businesses and individuals need specialist tax lawyers able to identify the risks and opportunities, and to help them ensure compliance. Our tax lawyers have comprehensive knowledge of UK tax law, and deep sector insight, providing the highest level of legal advice to our clients.

Our tax law team is renowned for delivering creative and effective solutions to clients across a range of industry sectors. Our clients range from corporate entities to trusts, as well as individuals domiciled in the UK and abroad.

Areas of focus

Our tax law expertise includes the following:

  • Compliance and disclosure.

  • Advice to private individuals including those with an international connection in relation to their UK tax position, often involving the interaction of business and personal affairs.

  • Mediation between taxpayers and HMRC.

  • Advice and representation for clients undergoing investigation.

  • Tax planning and advice related to business property and share transfers, and corporate restructuring.

  • Negotiating and drafting documents dealing with tax risk.

  • Tax advice and drafting relating to financing arrangements.


Wills & Trusts

Once we have advised you on the most tax efficient method to pass your estate to your beneficiaries, our in-house Will-writers will be able to prepare the most important legal document you will ever have: Your Last Will & Testament. We also assist to prepare trust instruments if you wish to create a trust fund. A trust is a formal arrangement in which trusted individuals or trust corporations hold and manage assets on behalf of certain other individuals. Trusts are used to transfer ownership of assets but not make it an outright unconditional gift. The assets are put into trust for a beneficiary’s life, or until they reach a certain age.


A private wealth trust while complex can be formed for many different reasons. Trust are used as an instrument to pass wealth and assets on without passing on full control of them and also ensures your wishes are carried out fully even after you have died without having any trust disputes afterward. Often as trust specialists, we are approached by clients who wish to make provisions for family members but do not want to give them assets outright due to circumstances in their family.


The main types of trust are:


  • Bare trusts

  • Interest in possession trusts

  • Discretionary trusts

  • Accumulation trusts

  • Mixed trusts

  • Settlor-interested trusts

  • Non-resident trusts

  • Secret trusts

  • Charitable trusts

It is incumbent to protect your assets by effective estate planning. This will minimise the risk of disputes and claims on your estate once you are deceased. Contact sb@philipjoneslegal.com for assistance with your Private Wealth tax matter.