Accountants for High Net Worth Individuals

As a high net worth individual, managing your assets and finances is important to ensure they’re protected and you get the best value from them.

Our high net worth accountants specialise in supporting wealthy individuals, providing trusted financial advice, expert guidance and smooth management of your finances. We offer a solid approach to wealth management, ensuring your finances are secure.

Here at Haggards Crowther, we’re your number one Chartered Accountants and Tax Advisers. Get in touch with our team today to see how we can help you.

What Makes a High Net Worth Individual?

A high net worth individual is someone with a six-figure annual income as well as high-net-value assets totalling over a million pounds.

According to HMRC, a net value of at least £2 million in liquid assets amassed over the last three years is required to be considered high net worth, excluding trust funds and any private residences. Plus, they must have a yearly income of at least £200,000 or more.

If this is you, seeking the guidance of one of our accountants for high net worth individuals can help you track, protect, and grow your wealth.

Our Accounting Services for High Net Worth Individuals

At Haggards Crowther, our accountants offer a variety of accounting services for you to choose from.

With our wide array of financial services, you can be sure you’ll find the help you need right here with us. Plus, all of our accounting services can be tailored to best suit your individual needs as a high-net-worth individual.

Some of the common services we provide, which may be beneficial for you as a high net worth individual, include:

Throughout our 20-plus years as accountants, we have worked with a large number of clients, helping people manage their personal income, taxes, and estate planning. Explore how our individual services can help you, below:

1. Tax Planning and Compliance

Taxation is unique for high-net-worth individuals, as they often face different tax obligations. To help you comply with relevant laws and regulations in the UK, we provide reliable tax planning services designed to help minimise tax liabilities.

We know how important it is to stay ahead of changes in the law and the impact they have on our clients. As such, our approach ensures you stay informed about potential tax risks and opportunities.

2. Wealth Management and Investment Advisory

Effective wealth management is important for preserving and growing your assets. At Haggards Crowther, our team of accountants for high net worth tailor their wealth management services to suit your financial goals and objectives.

Our approach is rooted in a deep understanding of the financial markets, combined with a commitment to delivering personalised advice that addresses your unique needs. We work closely with a network of trusted financial advisors and investment managers to provide you with access to a wide range of investment opportunities.

3. Planning and Inheritance Tax Strategies

For many high-net-worth individuals, ensuring the transfer of wealth to the next generation is a top priority. Succession planning can often be a complex process, involving not only the transfer of assets but also the preservation of family values.

At Haggards Crowther, we provide expert guidance on all aspects of succession planning, helping you easily navigate the legal, tax, and financial challenges associated with passing on wealth.

Inheritance tax can significantly impact the value of an estate when passed down through the generations. However, our team of accountants for high net worth individuals is skilled in developing inheritance tax strategies to minimise the tax load on future generations, all while ensuring your preferences are met.

Our goal is to provide peace of mind, all while ensuring the maintenance of your high profile and wealth is transferred in a way that matches the core values and objectives of your family.

4. Managing Your Property Assets

As a high-net-worth individual, you may be managing several properties – we know this can be challenging. At Haggards Crowther, you can rely on our property tax experts to direct you through the various rules and regulations.

Our skills and expertise cover various areas of property asset management, including finances, expected property sale taxes, as well as how HMRC will view the cost of planned improvements made to the property.

Why Choose Us As Your High Net Worth Accountants?

Our clients trust us to handle their financial affairs with care, confidentiality, and confidence – we take the responsibility of managing your finances very seriously.

We base our approach on building long-term relationships with all of our clients, rooted in trust and a key understanding of your financial goals. With our team of high net worth accountants, you can expect the following:

Private and discreet service
Tailored to your specific needs
Personalised care
Ongoing communication
Detailed reports

We take the time to listen to you, understand your aspirations, and develop strategies to align with your vision for the future. Whether it’s through regular meetings, detailed reports, or ongoing communication, we keep you informed and involved in the management of your financial affairs.

Contact Our Accountants for High Net Worth Today

At Haggards Crowther, we are more than just your accountants – we are invested in your financial success.

Our commitment to excellence, combined with our expertise in managing the complex financial needs of wealthy clients, makes us the best accounting firm for high net worth individuals. If you are seeking comprehensive and sophisticated services, we’re the team for you.

Get in touch with us today to see how we can help you take care of your finances. Give our main office a call on 020 7384 0920 or reach out to our enquiries line by sending an email to enquiries@haggards.co.uk.