Geneva-headquartered financial advisory group Forth Capital has launched an international tax service in London after recruiting former long-standing head of tax at Blevins Franks, Nicole Booth, to lead it.
Already in Geneva, Hong Kong and Dubai, the firm’s tax service will focus on providing cross-border tax advice for UK expatriates moving overseas, living overseas or buying property overseas.
Tom Tracy, chief executive of Forth Capital, said Booth had joined from a senior tax role at accountant Saffery Champness, having previously worked for 10 years at Blevins Franks.
“She brings with her a wealth of knowledge of the tax systems in the UK, France, Spain and Portugal,” he said, adding that the past few months had been “very exciting times at Forth Capital”.
Booth said for UK expats moving overseas, understanding and minimising their tax liabilities was vital to maintaining wealth.
“Not fully understanding the tax position on their income and assets in another country often leads to the payment of unnecessary taxes.
“With the right tax advice, expats can make sure they understand local tax laws and are able to minimise tax liabilities in the UK and overseas,” she said.