The 2021 Family Law Index is out now Find out more

Company

EY

Index

Accountants & Tax Advisers

Location

London, United Kingdom

Advice type

Cross-border tax

Tax planning

US-UK tax

Client types

Financial professionals

UHNW

Geographical focus

Saudi Arabia

United Arab Emirates

Sector focus

Accounting

Business and Consumer Services

Profile

Michael Lewis

Description

Spear's Review

Michael Lewis, the personable adviser at EY Frank Hirth, is rated by peers as a safe pair of hands with the knowledge to allay the fears of UHNW clients’ during times of turbulence.

He has over 20 years of experience in the field of US tax, and originally learned his trade within the Big Four.

He’s learnt an invaluable lesson since pursuing a career in the private client landscape. ‘Service is about actually understanding what motivates a client and what they truly want to achieve,’ he says.

He is pleased with the fact that ‘there is so much work out there for us to advise upon and add value to’, alluding to the growing field of US-UK tax. ‘Our only limitations are time and staff.’

Adviser Profile

Michael Lewis, Partner at EY Frank Hirth, says the practice is “always looking to be more than just pure tax advisers – we want to be their trusted adviser.”

The business model is a win-win situation, as both Lewis and his high-net-worth clients emerge satisfied from a conscientious, long-lasting relationship. “We have complimentary annual meetings with clients, which actually lead to more work,” he explains. “At times, it leads to us introducing them to a trusted global network of advisers, too.”

Specialised in advising clients within the private markets area, which includes businesses with a high degree of private ownership – including private equity executives, owner managers, entrepreneurs – Lewis also has numerous clients from the world of investment banking.

Most of those who approach him have a US nexus as he is a UK-chartered tax adviser who is licensed to practise before the Internal Revenue Service in the US as an enrolled agent. His practice areas include US/UK interaction on personal income and capital taxes (including tax treaty interpretation), US pre-immigration tax planning, US compensation and withholding rules, as well as advice on US estate tax and UK inheritance tax interaction. He also has a keen interest and is a regular writer in respect to the UK carried interest rules and UK/US dual-qualified charitable planning.

Lewis has recently seen a significant increase in tax uncertainty. Calls for assistance have increased. “There is lots of work out there for us to advise upon and add value to,” he says of the growing field of US/UK tax. “The limitations are time and resources.”

The recent acquisition of the Frank Hirth tax practice by EY has been embraced by Lewis who believes that it brings together the “best of two worlds combining the focus of Frank Hirth on the individual with EY’s unparalleled global reach and wide range of service offerings.”

Rank: Top Recommended

Top Recommended 2021, Accountants & Tax Advisers

Address

1st Floor, 236 Gray's Inn Road, London, WC1X 8HB, United Kingdom

Email

Michael.Lewis1@uk.ey.com

Phone

2075208401

Share on