This week marks the 4th anniversary of Larkstoke Advisors! Our continued success is driven by a business model that puts client service, practical advice and professionalism first. Like the majority of our clients, we are an owner managed business and believe quality is driven through investing in the right people and maintaining focus.

As UK tax specialists we’re looking forward to the next 12 months with a new PM at the helm and new Chancellor leading on tax policy. Tax will continue to be at the forefront of UK politics and we expect that the new leadership will move quickly to support voters and the economy. Top of the agenda for the alternative asset management industry is maintaining a competitive tax environment – this is not simply a question of tax rates, but incentives to invest and grow businesses in the UK. The risk of talent drift away from the UK continues to grow, enabled by technology and evolving working practices. This needs to be countered by providing greater certainty around tax positions and consistency in legislative interpretation, being mindful of policy intentions.

A big thank you to the team for their hard work and diligence over the past 4 years, and our clients who have supported us throughout. A special mention goes to Charl Cloete of Clearance Capital who joined me on a 75km cycle to mark the occasion looping up and over Larkstoke Hill (*). Time to start saving for the 5th birthday party!

*A challenging hill climb on the edge of the Cotswolds that proves upon ascent to be far more challenging than it first appears – not unlike the UK tax statute. It also doubles as not only our namesake, but also the corporate branding in the picture above. For the cyclists amongst you here is the ride on Strava.