Private wealth and tax planning for high net worth individuals

Absolutely impeccable: incredibly clear and precise, they answer everything and keep to all schedules.

Chambers UK
Private Client and Tax

One of the largest legal private client teams in the UK, Penningtons Manches Cooper has been advising private clients for generations and our strength of understanding arises from our long history of working with individuals and their families who are generating, maintaining or passing on their wealth.

Our established team offers strength in depth from locations inside and outside of London and advises a broad range of clients from diverse walks of life such as landowners, entrepreneurs, families and their businesses together with individuals from the UK and overseas.

We assist with planning for lifetime tax issues such as income tax and capital gains tax; asset protection; succession issues to pass the wealth on to the next generation, particularly inheritance tax and gifting; pre-empting and preventing family conflict; and also the day to day trials and tribulations of life.

The team comprises lawyers who are full members of the Society of Trust and Estate Practitioners (STEP) or are studying to become so. We offer the most up-to-date knowledge of the latest tax reliefs, planning and methodologies available so that you are always assured of the best advice available.

Every client receives a highly personal service to reflect your unique circumstances and we work closely with you to deliver pragmatic and flexible advice to mitigate tax liabilities and maximise opportunities for tax relief. We do not believe in schemes but take a bespoke approach to resolve your tax, inheritance and succession issues and help you achieve your objectives in a cost-effective manner.

We offer expert advice on:

  • asset protection
  • guidance on dealing with HMRC
  • income tax and capital gains tax
  • inheritance tax
  • succession planning
  • tax planning
  • tax exemptions for works of art and heritage property

Recent work highlights

UK landed estate

Advising trustees of a UK landed estate regarding tax and other issues arising from residence of beneficiaries and trustees outside the UK.


UK property interests

Working with a Nigerian client on the structuring of UK property interests through offshore entities with the aim of achieving asset protection and succession planning.


UHNWI residence issues

Advising an ultra high net worth individual on the UK residence issues under the Statutory Residence Test.

Related expertise

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP