Hedge Fund Professionals – Resolving HMRC Tax Issues

It Happens

Even the most experienced hedge fund professionals — portfolio managers, traders, and investment specialists — can find themselves facing tax complications or HMRC enquiries.

Complex compensation structures, carried interest, offshore investments, and multiple income streams can quickly create a tangled tax position.

Oversights happen. Advice may have been misunderstood. Deadlines can be missed.

It’s rarely intentional. But when HMRC takes notice, it must be handled with expertise, discretion, and urgency.

We Have Helped Many Hedge Fund Professionals – We Can Help You

If you work in hedge funds or alternative investments and are facing:

1. Unfiled or late tax returns
2. Offshore income or investment reporting issues
3. Capital Gains Tax and carried interest miscalculations
4. HMRC enquiries (COP8/COP9) or investigations

…we can help.

Our services include:

• Voluntary disclosures to HMRC (unprompted or prompted)
• Negotiation to reduce penalties, surcharges, and interest
• Time-to-Pay arrangement planning
• Full compliance restoration for personal and corporate tax
• Guidance on complex investment structures and reporting

We act as your representative with HMRC — professionally, discreetly, and effectively — protecting both your personal and professional reputation.

It’s More Common Than You Think

High-income hedge fund professionals often assume their advisors or internal accountants will cover every compliance detail.

Yet, complex bonus structures, international investments, and legacy portfolios can create unnoticed gaps.

Even highly experienced professionals can become exposed to HMRC investigations without realising it. Early disclosure often prevents escalation and significantly reduces penalties.

We’ve helped numerous hedge fund professionals resolve serious tax issues before they become full-blown disputes.

What Do Serious HMRC Issues Look Like for Hedge Fund Professionals?

Typical examples include:

• Undeclared offshore income or funds in foreign accounts
• Capital Gains Tax errors on carried interest or portfolio disposals
• Misreporting of bonus payments or complex incentive structures
• Unfiled self-assessment tax returns over multiple years

Why Professionals Delay Acting

Hedge fund professionals are accustomed to risk management — but applying it to personal tax can be difficult.

Fear, embarrassment, and reputational concerns often lead to delays. Many worry that admitting past errors could affect career, licensing, or client trust.

Ignoring the problem only increases risk. Acting early, with expert support, provides control and clarity.

The Impact of HMRC Tax Issues

Tax disputes are not just financial. They can:

• Affect regulatory standing and professional licensing
• Impact client trust and business relationships
• Increase stress, anxiety, and distraction from work
• Compound errors across personal and corporate accounts

Our goal is to resolve these matters efficiently, minimise exposure, and restore confidence — both professionally and personally.

There Is Always a Solution

Whether your case involves:

• Personal tax irregularities
• Corporate or partnership returns
• Offshore investments