Martin Rankin

• 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.