Accountants for High Net Worth Individuals UK
Complex wealth needs more than annual accounts. It needs one coordinated view of tax, assets, companies, property and cross-border exposure.
High income, investment portfolios, property, private companies and overseas assets can create tax obligations that overlap across several parts of your financial position.
Pearl Lemon Accountants provides specialist accounting services for high net worth individuals across London and the wider UK. We work with entrepreneurs, company directors, investors, property owners and internationally mobile individuals who need their personal and commercial finances assessed together rather than in isolation.
Our work can cover Self Assessment, Income Tax, Capital Gains Tax, property income, company ownership, inheritance tax exposure, foreign income, trusts and consolidated private wealth reporting.
Whether your affairs are centred in Mayfair, the City, Kensington, Canary Wharf or elsewhere in the UK, the objective is straightforward: give you an accurate tax position, stronger reporting and enough time to make informed decisions before deadlines arrive.
- 1.3m HMRC Wealthy Individuals
- £200k HMRC Income Threshold
- £2m HMRC Asset Threshold
- 4 Years FIG Relief Window
Private Client Accounting Built Around Complex Wealth
Your tax position should reflect the full picture, not six separate spreadsheets maintained by six different professionals. We coordinate the accounting issues that commonly affect high net worth individuals so personal income, investments, property, companies and international interests can be assessed together.
Personal Tax Without the Last-Minute Scramble
Best for: High earners, directors, founders, consultants and investors with several income streams.
Salary, dividends, bonuses, rental income, interest and investment returns do not always move through the UK tax system in the same way. We review the composition of your income, Self Assessment requirements, PAYE records, pension contributions and available allowances before filing decisions are made.
Our work can include:
- Self Assessment preparation
- Income Tax calculations
- Dividend reporting
- PAYE and director remuneration reviews
- Pension contribution records
- Property income reporting
- Interest and investment income
- Tax-payment forecasting
- HMRC correspondence support
For clients with substantial annual income, timing matters. The position should be reviewed well before the January Self Assessment deadline, particularly when Christmas, Boxing Day and New Year Bank Holiday closures reduce the practical working window.
Result: A documented tax position, known liabilities and fewer deadline surprises.
Capital Gains Planning Before the Transaction Happens
Best for: Investors, shareholders, property owners and founders preparing for an asset disposal.
Capital Gains Tax becomes particularly important when significant gains arise from shares, property, investment assets or business interests.
For the 2026/27 tax year, the individual CGT annual exempt amount is £3,000. Main individual CGT rates are generally 18% and 24%, depending on the circumstances and taxable income position.
We review disposals before completion where possible so the accounting records, acquisition costs, allowable expenditure, ownership details and available reliefs can be established before the transaction creates a reporting obligation.
Our work can cover:
- Share disposals
- Investment gains
- Property sales
- Business exits
- Acquisition-cost records
- Allowable expenditure
- Loss utilisation
- CGT reporting
- Payment calculations
- Coordination with your solicitor or corporate finance team
Result: You know the likely tax position before a major disposal rather than after the proceeds have already moved.
Property Portfolio Accounting With Every Holding Visible
Best for: Landlords, property investors, developers and families holding UK or overseas property.
A growing portfolio can involve rental income, financing costs, disposals, company ownership, jointly held property and different reporting requirements across several assets.
We organise the accounting records behind the portfolio and separate the issues that belong to the individual, partnership, trust or company.
Our work can include:
- Rental income schedules
- Property expense records
- Mortgage-interest treatment
- Company-held property
- Personally held property
- Joint ownership
- Property disposals
- Capital Gains Tax calculations
- Portfolio reporting
- UK and overseas property coordination
London clients may have holdings spread between Kensington, Chelsea, Canary Wharf and the Home Counties, while internationally mobile clients may also have property outside the UK.
The objective is to give you one reliable property accounting record rather than isolated figures for each address.
Result: Cleaner portfolio reporting and a clearer view of income, costs and taxable events.
International Tax for UK and Overseas Wealth
Best for: International executives, returning UK residents, expatriates and individuals holding foreign income or assets.
Cross-border finances can involve UK residence, foreign income, overseas investments, double-taxation issues and different reporting requirements across jurisdictions.
The UK’s Foreign Income and Gains regime was introduced on 6 April 2025. Qualifying new residents may be able to claim relief on eligible foreign income and gains arising during their first four UK-residence years, subject to the statutory conditions.
We can assist with the accounting and tax-reporting aspects of:
- Foreign income
- Overseas investment gains
- UK residence reviews
- FIG regime records
- Double-taxation considerations
- Foreign property income
- Offshore accounts
- International business interests
- Cross-border reporting
- Coordination with overseas tax professionals
This is particularly relevant for clients moving between London and international centres such as Dubai, Geneva, Singapore or New York.
Result: UK reporting is built around the complete international position rather than only the income received into a British bank account.
Inheritance, Trust and Family Wealth Accounting
Best for: Families managing substantial estates, trusts, gifts and succession planning.
Inheritance Tax becomes more difficult when wealth includes property, companies, investments, trusts and previous lifetime transfers.
The standard UK Inheritance Tax nil-rate band is £325,000. A residence nil-rate band of up to £175,000 can also apply where the statutory conditions are satisfied, while larger estates can be affected by tapering and other rules.
Our accounting work supports the financial information required for:
- Estate-value schedules
- Lifetime gift records
- Trust accounting
- Investment valuations
- Business ownership records
- Property values
- Income generated by estate assets
- Family Investment Company records
- Inheritance Tax calculations
- Coordination with solicitors and trustees
We do not replace your solicitor or regulated investment specialist. We provide the accounting records and tax information needed so each professional involved can work from the same figures.
Result: Better documentation for succession decisions and fewer gaps between tax, legal and family records.
Business Ownership and Private Wealth Reporting
Best for: Founders, shareholders, family-business owners and entrepreneurs whose company forms a major part of their wealth.
For many high net worth individuals, personal wealth and company ownership cannot sensibly be reviewed separately. Salary, dividends, loans, shareholdings, retained profits and an eventual business sale can all affect the personal tax position.
We bring those records together.
Our work can include:
- Shareholding records
- Director remuneration
- Dividend records
- Director loan accounts
- Company accounts
- Personal tax interaction
- Exit preparation
- Capital Gains Tax records
- Consolidated asset schedules
- Family-office reporting
This also gives your private bank, wealth manager, solicitor or family office a clearer financial record when decisions span both company and personal assets.
Result: One accounting view across the business interests that sit behind your private wealth.
Private Clients Value Clarity, Discretion and Preparation
Private-client accounting should make complex financial positions easier to understand, organise and manage throughout the tax year.
Before the review, my company accounts, investment records and personal tax were being dealt with separately. The biggest improvement was having the figures brought into one view before decisions were made. I knew what information was needed, which deadlines mattered and which questions needed to go to my solicitor. It made the whole process far more controlled.
I had rental properties under different ownership arrangements and was spending too much time piecing together the figures at year end. The reporting became much easier to follow once each property, cost and disposal was recorded consistently. We were also able to prepare earlier for the January Self Assessment deadline. I now have a much clearer record of the portfolio.
Everything was sorted before the January deadline, no faff and no frantic exchange of documents at the last minute. The team separated my dividend income, company records, investment activity and property figures so I could see exactly what belonged where. That clarity was particularly useful before Christmas and the Bank Holiday period. I finally felt that the paperwork matched the complexity of the assets.
Private Client Accountants Across London and the UK
From our London base, we support clients whose wealth, businesses and professional teams may be spread across the capital, the Home Counties and overseas.
Mayfair and St James's
We support founders, investors and private clients around Mayfair and St James's who need accounting coordinated with wealth managers, solicitors, family offices and private banks.
City of London
For City executives, partners and company directors, we help organise salary, bonuses, dividends, investments, pensions and business interests within one tax-reporting framework.
Kensington and Chelsea
Property ownership, investment income, family wealth and international connections frequently overlap for private clients across Kensington and Chelsea.
Knightsbridge and Belgravia
Clients with significant property, investment portfolios and overseas interests can use one UK accounting record to coordinate domestic and cross-border reporting.
Canary Wharf and Docklands
Senior finance professionals and international executives based around Canary Wharf often need personal tax reporting that reflects bonuses, share awards, overseas income and mobility.
Surrey and the Home Counties
We work remotely with entrepreneurs, company owners, property investors and families across Surrey and the wider Home Counties who require London-level private-client accounting without travelling into Chancery Lane for every review.
Private Wealth Problems Usually Start Where Financial Structures Overlap
£18,750,000 Founder Exit Brought Into One Tax Position
Preparing a UK business owner before a major share disposal
The Problem
The client's company, personal tax, investments and planned disposal were being considered through separate records, making it difficult to establish one reliable pre-sale tax position.
Our Review
We reconciled the shareholding history, acquisition records, director remuneration, dividends, investment income and relevant personal tax information.
Work Completed
The team prepared the accounting schedules required for the proposed disposal, identified missing records and coordinated financial information with the client's solicitor and transaction team.
Full Capital Gains Tax computation completed 6 weeks prior to completion, with all share acquisition records reconstructed across a 9-year ownership period and pre-sale tax exposure confirmed at £2,964,000 under prevailing CGT rules.
£6,400,000 Property Portfolio Moved From Separate Files to One Reporting Pack
Creating one accounting record across multiple London properties
The Problem
Rental income, finance costs, maintenance expenditure and disposal records were stored separately for each property, increasing the work required before Self Assessment.
Our Review
We reconciled income and expenditure by property, separated capital and revenue items and established which figures belonged to the individual and which belonged to a company or joint owner.
Work Completed
A consolidated portfolio schedule was prepared with supporting records for each property and relevant tax-return entries.
11 properties fully reconciled, 37 missing mortgage and expense statements identified and recovered, and Self Assessment filing completed 19 days before the statutory deadline.
£9,850,000 UK and Overseas Assets Consolidated Before Residence Review
Organising cross-border records for an internationally mobile client
The Problem
The client had UK and overseas records maintained in different formats, making it difficult to determine which figures were relevant to UK reporting.
Our Review
We mapped UK residence dates, foreign income, investment gains, overseas property records and company interests.
Work Completed
The accounting evidence was reorganised into a UK reporting pack and issues requiring jurisdiction-specific input were referred to the relevant professional.
14 international accounts reconciled, 3 historic reporting gaps resolved across prior tax years, and the full UK reporting pack completed 5 weeks before the Self Assessment submission deadline.
Complex Wealth Is Easier to Manage Before the Deadline
If your personal tax, companies, property and investments are being handled separately, bring the records together before the next disposal, relocation or filing deadline.
A Clear Route From Financial Complexity to Filing Confidence
Five stages give you a defined accounting process from initial review through ongoing reporting.
-
1
Position Review
We map your income, companies, property, investments, trusts and international interests into one financial picture.
-
2
Record Check
We identify missing documentation, filing gaps, upcoming transactions and information that needs to come from another professional.
-
3
Tax Assessment
We calculate the relevant UK reporting position and separate immediate compliance work from matters requiring longer-term planning.
-
4
Implementation
Returns, schedules and accounting records are prepared while agreed information is coordinated with your solicitor, wealth manager, trustee or family office.
-
5
Ongoing Review
Your records are revisited as assets, income, legislation and family circumstances change, with particular attention before the 5 April tax-year end and major transactions.
Accounting Built for Wealth That Crosses More Than One Tax
The value of a private-client accountant is not another spreadsheet. It is the ability to connect the figures that affect the same decision.
One View Across Personal and Business Wealth
We can assess company ownership, dividends, director remuneration, property and investments alongside your personal tax position.
UK Tax Rules Kept Current
Our work is built around current HMRC requirements, including Self Assessment, CGT, inheritance tax reporting and the post-April 2025 FIG regime where relevant.
Cross-Border Records Organised for UK Reporting
Foreign income and overseas assets are mapped into the UK reporting process, with overseas specialists involved where local jurisdiction work is required.
Professional Teams Working From the Same Figures
We can provide accounting schedules for solicitors, trustees, wealth managers, private banks and family-office teams so conflicting records are identified early.
Major Transactions Reviewed Before Completion
Business exits, property sales, investments and relocations should be reviewed before the transaction where possible, not after the tax consequence has already arisen.
Confidential Reporting With Fewer Loose Ends
Private-client records are organised around clear ownership, supporting documentation and defined reporting responsibilities rather than informal year-end document collection.
UK Private Wealth Tax Figures Worth Knowing
The figures below show why substantial income and assets require accurate, current tax records.
| Current UK Figure | Amount | Relevance |
|---|---|---|
| HMRC wealthy-individual population, 2025/26 | 1.3 million | HMRC says wealthy individuals frequently have complex affairs spanning several taxes. |
| HMRC wealthy income criterion | £200,000+ | One of the thresholds HMRC uses when defining its wealthy-individual customer group. |
| HMRC wealthy asset criterion | £2 million+ | Applies where assets meet or exceed this amount in any of the previous three years. |
| Individual CGT annual exempt amount, 2026/27 | £3,000 | Gains above the available exemption can create a CGT liability depending on the circumstances. |
| Main individual CGT rates | 18% / 24% | Current main rates depend on taxable income and the nature/timing of the gain. |
| Standard IHT nil-rate band | £325,000 | Available subject to the applicable inheritance tax rules. |
| Residence nil-rate band | Up to £175,000 | May apply to qualifying estates and is subject to conditions and tapering. |
| FIG relief period | Up to 4 years | Qualifying new UK residents may claim relief on eligible foreign income and gains arising during the relevant period. |
| HMRC tax receipts, 2025/26 | £938.8 billion | Total UK HMRC tax receipts were 9.3% higher than the previous year. |
High Net Worth Accounting FAQs
Significant personal wealth often includes complex financial structures involving international investments, property holdings, and corporate ownership positions.
Yes. Accountants experienced with private wealth accounting manage cross jurisdiction tax reporting and financial record management.
Yes. Investment gains, losses, and asset disposal transactions must be recorded accurately for tax reporting purposes
Rental income, mortgage interest deductions, and capital gains from property sales influence personal tax liability.
Private wealth reports often include investment summaries, property portfolio records, corporate income statements, and consolidated financial statements.
Estate planning often begins once individuals hold significant assets including property portfolios, investment holdings, and corporate ownership interests.
Yes. Accounting professionals frequently prepare consolidated financial reports used by family offices and private wealth managers.
Yes. We can assess the UK accounting and tax-reporting requirements connected with foreign income and assets. Where another country’s tax rules must be interpreted or filings completed locally, an appropriately qualified professional in that jurisdiction may also be required.
Yes. Reviewing records before a transaction can help establish share acquisition history, ownership details, prior reorganisations, dividends and other information needed for the personal tax calculation. Transaction-specific legal or investment work remains with the appropriate regulated professional.
For complex private-client affairs, preparation should begin well before January. Foreign income, property records, investment disposals and company information can take time to reconcile, and the Christmas and New Year Bank Holiday period reduces the time available immediately before the 31 January online filing deadline.
Put Your Full Financial Position in One Place
Significant wealth creates more accounting work because the same decision can affect personal tax, companies, property, investments and family wealth at the same time.
If your records are spread between different advisers, accounts, entities or countries, the first step is to establish one clear UK accounting position.
Pearl Lemon Accountants works with high net worth individuals across London and the wider UK who want earlier preparation, clearer reporting and fewer unanswered questions before major transactions and tax deadlines.
