About Fox Smith Associates
Personalised Service, Expert Tax Solutions
Tax
Navigating today’s complex and constantly evolving tax landscape is challenging for business owners, property investors, and individuals with significant financial responsibilities. At Fox Smith, we provide cost-effective tax compliance services alongside strategic, holistic tax advice designed to give you complete clarity and confidence. By reviewing your entire financial footprint—not just isolated elements—we help you avoid the pitfalls of a piecemeal approach, which can create unexpected tax consequences for your business, family structure, or long-term wealth strategy.
Inheritance Tax
At Fox Smith, our tax specialists are dual-qualified as Chartered Tax Advisers (CTA) and members of the Society of Trust & Estate Practitioners (STEP)—the leading global accreditation body for professionals supporting families with estate planning, succession, and long-term wealth protection. By working with a CTA and regulated Trust and Estate Practitioner, you benefit from top-tier, highly technical advice tailored to your family’s unique circumstances.
Offshore Trusts
At Fox Smith, we act as trusted tax advisers to a number of major offshore trust companies, particularly those operating in the Channel Islands. Our specialist team provides comprehensive tax advisory services to Settlors, Beneficiaries, and Trustees, ensuring full compliance, strategic planning, and confidence in managing complex offshore trust structures. With increasing scrutiny from HMRC and continued legislative change following the Autumn 2024 Budget, expert guidance is more important than ever.
Non-UK Domiciled Individuals
The Autumn 2024 Budget introduced some of the most significant reforms in recent years for UK-resident, non-UK-domiciled (RND) individuals. With the gradual phasing out of the traditional non-dom regime and changes affecting offshore income, remittances, and excluded property rules, many internationally mobile individuals are now reassessing their tax position. At Fox Smith, we have extensive experience advising RND clients on all aspects of international tax planning, helping them navigate the evolving UK tax landscape with clarity and confidence.
Accounting & Strategy
Partnering with our clients, our accounting solutions begin with the essential day-to-day services that keep your business running smoothly. From bookkeeping and VAT returns to payroll management, we take care of the routine financial tasks that often consume valuable time and resources. Our approach ensures complete accuracy and up-to-date financial information, giving you peace of mind while creating a solid foundation for meaningful financial analysis and strategic business planning.
Making Tax Digital
This new initiative from HMRC is designed to modernise the tax system by requiring individuals to keep digital records and submit updates using compatible software.
From 6 April 2026, MTD for Income Tax will become mandatory for many sole traders and landlords, changing the way income and expenses are reported to HMRC.
Ready to Elevate Your Financial Strategy?
Let’s discuss how our bespoke services can address your unique financial challenges and help you achieve your goals.