Smart tax and accounting for families
Managing UK tax and accounting for Family Offices requires specialist expertise, especially after the Autumn Budget 2025 introduction of the High-Value Council Tax Surcharge on properties over £2 million which add further tax burden to ultra-high-net-worth-structures. Our team offers tailored tax planning, compliance, and accounting services for Family Offices and ultra-high-net-worth structures, helping protect wealth while ensuring full HMRC compliance.
At UKPA, we provide expert UK tax planning, compliance, and accounting services exclusively for Family Offices and ultra-high-net-worth structures.
The November 2025 Budget announced a new annual levy on residential property in England — the High Value Council Tax Surcharge, commonly known as the "Mansion Tax" in addition to existing council tax. For Family Offices with substantial UK property portfolios, this is an important development to monitor.
The following details have been published by HM Treasury and represent the Government's stated policy intention:
The Government has confirmed that a public consultation will be held in early 2026 to consider the following matters:
Until the consultation is complete and legislation is enacted, there remains significant uncertainty about the practical application of the surcharge. Property owners, advisers, and the wider industry await further clarity on these important details.
The Government has published four value bands with corresponding annual surcharges. These amounts are in addition to existing council tax liabilities:
High Value Council Tax Surcharge Bands (from April 2028) | |
|---|---|
Property Value Band | Annual Surcharge |
£2 million to £2.5 million | £2,500 |
£2.5 million to £3.5 million | £3,500 |
£3.5 million to £5 million | £5,000 |
£5 million and above | £7,500 |
Source: HM Treasury, High Value Council Tax Surcharge factsheet, 26 November 2025
We provide comprehensive UK tax and accounting services specifically designed for the complex needs of Family Offices managing substantial wealth through UK structures.
Strategic UK tax planning tailored to Family Office structures:
Ensuring complete HMRC compliance across all UK entities:
Professional accounting tailored to UK Family Office needs:
Expert handling of UK property within Family Office structures:
We begin with a comprehensive review of your UK Family Office structure, examining all UK entities, trusts and holdings to identify tax risks and opportunities. This includes reviewing historic HMRC compliance and identifying any areas requiring attention.
We work closely with your Family Office team to implement agreed strategies, handling all UK tax compliance requirements and ensuring smooth coordination with investment managers, lawyers and other advisers.
Based on our findings, we develop a tailored UK tax strategy aligned with your family's objectives. This includes companies restructuring recommendations, tax mitigation strategies and implementation timelines that work with your existing advisers.
Our team provides continuous support, managing all HMRC compliance deadlines, responding to UK tax enquiries and ensuring your Family Office remains optimally structured as UK legislation and family circumstances evolve.
What our clients say about us
Rendering the best service with a team of qualified and regulated accountants and tax advisers.
See how our specialist UK tax and accounting services address the specific challenges faced by Family Offices operating in the UK. Whether managing complex structures, navigating UK legislative changes or optimising UK tax positions, our expertise delivers practical solutions.
We streamline your UK compliance processes, creating efficient workflows for managing multiple UK entities whilst ensuring nothing falls through the cracks. Our team handles all HMRC filing requirements and maintains a comprehensive compliance calendar.
Our UK property tax specialists navigate the complexities of SDLT, ATED, capital allowances and the introduction of new tax such as mansion tax for different property types, ensuring optimal structuring and full relief claims.
We design sophisticated wealth succession strategies using trusts, Family Investment Companies and other company structures to minimise IHT whilst maintaining appropriate control and flexibility for future generations.
We ensure your investment companies are structured efficiently for UK tax purposes, managing the implications of close investment company rules, loan relationship regulations and dividend tax treatment.
We take responsibility for monitoring UK legislative changes, updating you on relevant developments and ensuring your structures remain compliant and optimised as UK tax rules evolve.
As your central UK tax adviser, we coordinate with all your professional advisers, ensuring UK tax considerations are properly addressed in investment decisions, legal structures and family arrangements.
Our Process
Our work is centred around efficiency, collaboration, and delivering exceptional results to our clients.
We start with a straightforward process. Answer a few simple questions to help us understand your circumstances. It’s hassle-free, quick and designed to save you time.
Once we have the details, our team of experienced accountants gets to work. You can trust us to manage the complexities and ensure everything is accurate and compliant.
We conduct a meticulous review to ensure accuracy, compliance, and completeness in every submission. Our streamlined process guarantees timely submissions, so you never miss a deadline.
Our commitment extends beyond accounting and tax advisory work. We provide ongoing support, including tax planning and addressing accounting queries throughout the year.
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We integrate seamlessly with your existing team, acting as your dedicated UK tax advisers whilst coordinating with investment managers, lawyers and other professionals. We respect established relationships and work collaboratively to ensure consistent UK tax treatment across all Family Office activities.
We advise on all UK structures commonly used by Family Offices, including limited companies, LLPs, trusts, Family Investment Companies and partnerships. Our expertise covers property holding vehicles, investment companies, trading entities and charitable foundations. We ensure each structure is optimised for UK tax efficiency whilst maintaining operational flexibility and family control.
We focus exclusively on UK tax and accounting matters, ensuring deep expertise in UK legislation and HMRC requirements. For any non-UK tax matters, we can work alongside your international advisers to ensure proper coordination on UK aspects.
We focus exclusively on UK tax for complex structures and substantial wealth, bringing deep expertise in UK Family Office taxation. Unlike generalist firms, we understand the intricate interplay between UK trusts, companies, property holdings and investment structures that characterise UK Family Office arrangements.
Yes, we regularly onboard UK Family Offices from other advisers. Our transition process ensures continuity, with comprehensive handover procedures, historic file review and careful timing to avoid any HMRC compliance gaps. We handle all aspects of the UK transition professionally and discretely.
We maintain a dedicated technical team that monitors UK legislative changes, court decisions and HMRC guidance. Regular updates and proactive planning ensure your structures adapt to new UK requirements whilst maintaining tax efficiency. Our compliance systems track all HMRC deadlines and filing requirements across your entire UK Family Office structure.
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UK Property Accountants is a leading firm of chartered certified accountants and chartered tax advisers specialising in the property and real estate sector with head office in Central London.
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