Martin Rankin
People

Martin Rankin

Director

Areas of expertise

  • Income tax for UK and international individuals
  • Capital gains tax including taxation of carried interest
  • Inheritance tax planning and estate structuring
  • Complex personal tax compliance

Experience

Martin supports UK and international family business owners, executives/senior employees and sportspeople with the growth, preservation and passing on of their wealth.

Notable client work & achievements

  • Advising the shareholders of a UK company on the implications of a cash plus shares sale of a majority stake in their company, involving the exercise of EMI share options, granting of put/call options and claims for Business Asset Disposal Relief (formerly entrepreneurs’ relief).
  • Advising the head of a family on reorganising his estate to maximise the availability of inheritance tax reliefs and how his properties  and business interests could be gifted to his children in a tax efficient manner.
  • Dealing with HMRC enquiries into the tax returns of UK sportspeople, focusing on the sstruturing of their  image rights.
  • Advising on the tax implications for two minority shareholders of a corporate restructuring ahead of a potential listing and subsequent sale of shares to an external investor.
  • Listed in eprivateclient Top 35 under 35 in 2018.
  • Winner of STEP Excellence Award in 2020 for achieving the highest worldwide score in the UK Tax for International Clients paper.

Professional qualifications & memberships

  • Martin is a member of the Chartered Institute of Taxation and Association of Taxation Technicians.
Family succession discussions

Article

Surviving inheritance: Tax and governance for family businesses after BPR reforms

Inheritance tax changes are an opportunity for many family business owners to finally address succession and secure their legacy.

Hmrc Wealth Tax 2025

Article

Could a UK wealth tax be on the horizon as we approach the Autumn Budget 2025?

With speculation mounting in the press over the potential introduction of a wealth tax in the upcoming Autumn Budget, we consider what a wealth tax is, how it could be introduced in the UK and the legion of challenges it would raise.

Contact Martin