SAFFRON TAX PARTNERS has acquired Kleinwort Benson's tax compliance business, saying the move will create "a formidable pool of tax knowledge and experience.
Formed two years ago, Saffron is a City-based personal tax boutique. Private bank Kleinwort Benson said the increasing complexity of the UK tax regime means a "specialised external partner" would provide its clients with the best quality service.
Saffron managing partner Karen Spencer-Smith said: "The deal with Kleinwort Benson has enabled us to acquire a team of like minded, experienced tax professionals, which will ensure we continue to grow and offer our clients the highest levels of personal service.
"Given the continuing challenging and volatile economic back-drop, preservation of wealth is key and it is therefore essential our clients can feel confident that their financial affairs are managed as tax efficiently as possible."
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