Accountant in South Kensington SW7 | Your Tax Help Accountants

Accountant in South Kensington

Tax & Accounting for South Kensington Businesses

South Kensington SW7 is one of London's most prestigious and international addresses, home to high-net-worth individuals, internationally-mobile executives, a large French community (the Lycée Français and the French Institute are here), and families with complex financial arrangements. The area — famous for its museums, the Royal Albert Hall and Imperial College — commands among the highest property values in the country. Tax affairs for South Kensington residents are typically among the most complex in the UK.

That gives South Kensington a demanding accounting profile — complex self-assessment, investment income, property held in company structures (with ATED considerations), trust income, non-dom and residency questions, and international income. The French and wider international community in particular needs careful residency, domicile and double-taxation-treaty advice. Your Tax Help Accountants, HMRC-registered, handles complex international and high-net-worth affairs for South Kensington clients online with fixed monthly fees.

💡 As an HMRC-registered agent we deal directly with HMRC on your behalf, so you never have to spend hours on hold or navigate their website yourself.

What We Do

Full-Range Tax & Accounting for South Kensington

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Self-Assessment Tax Returns

Full SA100 for self-employed, landlords and individuals. Filed direct to HMRC, same day if urgent.

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CIS Compliance

Complete CIS for contractors and subcontractors. Monthly returns, deduction statements, refund claims.

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Limited Company Accounts

Year-end statutory accounts, Corporation Tax returns, and director self-assessment. All filed on time.

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Landlord Tax Advice

Rental income reporting, capital gains planning, Making Tax Digital, and allowable expense guidance.

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VAT Returns

MTD-compliant VAT submissions and ongoing bookkeeping to keep records clean and cash flow transparent.

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Payroll Services

Monthly payroll processing, RTI submissions to HMRC, and auto-enrolment pension administration.

Client Story

How we handled a South Kensington French resident's cross-border tax for £27,000 saving

Client A is a French national living in South Kensington with UK employment income, French rental property and investment income, and French pension contributions. Their previous adviser hadn't properly applied the UK-France double taxation treaty, hadn't considered the remittance basis, and had been double-counting some income.

We reviewed the cross-border position. We applied the UK-France double taxation treaty correctly (ensuring French rental income taxed in France was given proper UK treaty relief, not double-taxed), assessed the remittance basis versus arising basis given their non-dom status, structured overseas accounts to keep clean capital separate, and advised on the UK treatment of the French pension contributions.

Total outcome: annual tax saving of £27,000 through correct double-taxation-treaty application, remittance basis election and proper account structuring, with the French and UK positions reconciled and no double-counting.

Common Questions

Frequently Asked Questions

I'm a French national living in South Kensington. How does the UK-France tax treaty work?

The UK-France double taxation treaty allocates taxing rights between the two countries to prevent double taxation — for example, French rental income is generally taxed in France with treaty relief given in the UK. Getting this right (and avoiding double-counting) needs careful application. We handle your UK self-assessment with correct treaty relief, and coordinate with your French position.

I'm a non-domiciliary in South Kensington. What are my UK tax options?

Non-doms can elect the remittance basis (only UK income and remitted foreign income taxed) or the arising basis (worldwide), with the remittance basis charge applying after long UK residence. The regime is being reformed. We advise on the current-year position, the transition, and structuring overseas accounts to keep clean capital available.

I hold South Kensington property in a company. ATED and de-enveloping?

Properties over £500,000 in a company may face the Annual Tax on Enveloped Dwellings plus Corporation Tax, and acquisition incurred 15% SDLT. If the privacy or commercial rationale has gone, de-enveloping often saves money long-term despite the one-off CGT and SDLT on transfer. We model whether it makes sense for you.

I'm internationally mobile. Am I UK tax-resident?

Determined by the Statutory Residence Test — Automatic Overseas Tests, then Automatic UK Tests, then the Sufficient Ties Test combining UK ties with days present. Day-counting is crucial. We work through your pattern over the relevant years, confirm your status and file correctly, including split-year treatment where it applies.

I have a family trust holding South Kensington property. How is it taxed?

Discretionary trusts pay Income Tax at the trust rate above the standard band and CGT at the trust rate on residential property. Trustees file annual SA900 returns. Ten-yearly and exit charges apply under the IHT relevant property regime. ATED may apply. We handle trustee compliance and distribution planning.

I have significant overseas investments and pensions. How are they reported in the UK?

If UK resident and domiciled, worldwide income must be reported annually with credit for foreign tax under double tax treaties. Foreign pension treatment depends on the scheme and treaty. We handle all foreign income reporting, ensure the most tax-efficient treaty treatment, and manage disclosure under the Common Reporting Standard.

Can you provide inheritance tax planning for my South Kensington estate?

Yes — initial IHT planning given high-value property and international assets, including the interaction with other countries' succession and estate taxes and any relevant estate-tax treaties. For complex international estates we coordinate with your solicitor and wealth manager.

How do I get started?

Book a free 15-minute call via Calendly, or call our office on 020 8050 4564 or mobile 07478 645331. We're comfortable with the complex international, cross-border, trust and high-value property affairs that come with South Kensington residents, including the French community.

Accountant in South Kensington for Small Businesses