Karen has extensive experience advising high net worth individuals regarding their tax planning needs including inheritance tax planning. She is also able to advise on the taxation of UK trusts and provides compliance services for individuals and trustees.
UK legislation involving offshore issues is now very complicated and Karen has specialised in providing residence and domicile advice since 2003. This includes advising individuals who are leaving or coming to the UK with regard to the statutory residence test and non-residents selling property in the UK. She also advises non-UK domiciliaries on issues such as the remittance basis and offshore trust planning. She can give UK tax advice to offshore trustees and UK resident beneficiaries of non-UK resident trusts to ensure they are tax compliant and, where necessary, liaise with HMRC to correct past irregularities. In some cases, individuals may find they are taxed in more than one country on the same income or capital gains and Karen can advise regarding tax treaty claims to ensure double taxation is not suffered.
Karen is also able to advise on the UK tax implications of enveloping or de-enveloping UK properties held within foreign companies and the Annual Tax on Enveloped Dwellings (ATED) as well as FATCA and the Common Reporting Standard.
Karen joined PKF Francis Clark in 2012 having previously worked in a ‘Big 4’ firm for almost 25 years. She is a member of the Institute of Tax Technicians.