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Rachel De Souza
Partner, Private Client
Company: RSM UK
Location: London, England
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2018 Powerwomen Awards
Woman of the Year - Leadership (Professional Services) | Bronze
Rachel De Souza currently has no Citywealth award
Average client size: £5 million - £25 million
Fixed fee offering: No
Number of offices globally: More than 5
Rachel De Souza currently has no contact details
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A non-dom client advised that he needed to remit circa £5m for an imminent house purchase. He was worried that he would need to remit untaxed foreign income which would give rise to a tax charge of 45%. By reviewing his asset base and offshore bank accounts, Rachel was able to advise on a combination of rebasing and liquidating assets, together with cleansing and mixed funds analysis to identify a significant amount of clean capital. Thus, the majority of his remittance was tax free.