Articles
SAFFRON TAX PARTNERS ACQUIRE KLEINWORT BENSON PRIVATE CLIENT TAX COMPLIANCE BUSINESS
City-based personal tax boutique, Saffron Tax Partners LLP announces the acquisition of the private client tax compliance business from Kleinwort Benson. Formed two years ago, Saffron Tax Partners offers a senior team of highly experienced, proactive personal tax experts providing a broad range of tax services to UK and non-domiciled individuals.
The acquisition will create a strong platform and the combined team will bring together a formidable pool of tax knowledge and experience. The Kleinwort Benson team will be integrated into Saffron’s City-based team.
Commenting, Saffron Managing Partner, Karen Spencer-Smith said, “This is a very exciting development for Saffron as we celebrate our second anniversary this month. The deal with Kleinwort Benson has enabled us to acquire a team of like minded, experienced tax professionals, which will ensure we continue to grow and offer our clients the highest levels of personal service. Given the continuing challenging and volatile economic back-drop, preservation of wealth is key and it is therefore essential our clients can feel confident that their financial affairs are managed as tax efficiently as possible.”
Guy McGlashan, Head of Wealth Management, Kleinwort Benson, said: “With the UK tax regime becoming increasingly complex, and in order to provide our clients with the best possible level of service, we have concluded that, going forward, our tax compliance business would be most effectively developed with a specialist external partner. After a vigorous selection process we felt that the team at Saffron offered a highly experienced and senior team with a deep understanding and knowledge of tax compliance. We believe that in Saffron we have found a strong strategic partner, making this new alliance a good, positive fit for Kleinwort Benson and our clients.”
Photographs are available from Quill PR
For further information, please contact:
Karen Spencer-Smith, Managing Partner
Saffron Tax Partners LLP
Tel: 020 7337 6021
E-mail: kspencersmith@saffrontax.com
Tal Kalsi, Senior Partner
Saffron Tax Partners LLP
Tel: 0207 337 6025
E-mail: talkalsi@saffrontax.com
or
Fiona Harris, Quill PR
Tel: 020 7466 5058
E-mail: fiona@quillpr.com
November 2011