The 2021 Family Law Index is out now Find out more

Position

Partner

Index

Accountants & Tax Advisers

Location

London, United Kingdom

Advice type

US-UK tax

Client types

HNW

Entrepreneurs

Sector focus

Accounting

Business and Consumer Services

Profile

Daniel Hyde

Description

Daniel Hyde describes his client base as consisting mostly of ‘Americans whose children speak with British accents’. With tax-cuts in the US and non-dom reforms in the UK, that client base has been buffeted in recent years. But not everything is rosy. ‘The major problem with the US tax reform is that it was passed quickly, and therefore regulated badly in some areas,’ says Hyde. In particular, he points to a tax imposed on US owners of foreign corporations as causing ‘confusion, frustration and anxiety’. For Hyde, being a good adviser is ‘not about being the smartest person in the room’ – rather, it’s about understanding what the client needs to know and communicating that clearly.

Rank: Top Recommended

Top Recommended 2021, Accountants & Tax Advisers

Share on