Sarah Clarke, Wilson Partners
Family Investment Companies
A Family Investment Company can offer a tax-efficient investment solution for family succession planning. It is a simple to manage, cost-effective vehicle that allows the founder(s) to retain control of the assets, while distributing wealth within the family in a tax-efficient way.
The many benefits include:
- Straight forward, simple to administer and non-tax contentious
- No inheritance tax on the growth in value as it is outside the estate of the founder
- No immediate charge to inheritance tax on funds loaned to the company nor on funds invested in the company (but they do remain in the founder’s estate)
- No inheritance tax on shares gifted to other family members provided the founder survives for seven years
- The founder has control of the company, including investment and distribution decisions
- Tax on retained profits at corporate tax rates, allowing greater growth
- Tax deduction for investment management fees
- Indexation allowance to reduce capital gains for inflation
- A tax-efficient and flexible alternative to trusts
Talk to us today to find out more.
Services for private individuals
Our tax case studies.
We’re proud of what we do in partnership with our clients. Here are some of the projects we’ve worked on with them:
Change of property ownership led to £64,728 tax savings
We enjoy finding solutions to our client’s problems – we apply our knowledge and experience to the facts our clients present to us and look to find the way forward that minimises the taxes……
Inheritance tax review saves £1.7m on a £5m estate
We enjoy finding solutions to our client’s problems – the “fact find” is nearly always the key to the solution. Once we had our hands on the facts, the solution was an application of our tax…
Huge tax savings for property portfolio and Airbnb lets
We enjoy finding solutions to our client’s problems – the “fact find” is nearly always the key to the solution. Invariably, the tax flows out of the facts and once we had our hands on the facts, the…
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Tax eNews:
It’s not too late to undertake some end of year tax planning. If you have some spare cash, an obvious tax planning point would be to maximise your ISA allowances for the 2023/24 tax year (currently £20,000 each).
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Let’s face it, none of us want to think about when we’re going to die, let alone talk about it, or consider if there’s going to be a tax bill waiting for our loved ones once we’re gone. But it’s really important to understand what your Estate is worth.
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In a press release published on 19 February 2024, the Government announced that planning rules will be changed to protect local residents in England from being pushed out of their communities by excessive short-term lets.
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Certain firms exclusively pursue large-scale deals exceeding £100 million, while others concentrate on smaller transactions. Furthermore, some firms differentiate themselves with distinctive expertise, effectively assisting companies in…
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