“A Family Investment Company can offer a tax-efficient investment solution for family succession planning”

Alan Ross, Wilson Partners

Alan Ross, Tax Director Marlow, Wilson Partners.
What we do > Private individuals > Family Investment Companies

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.

Download our guide to FICs

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:

See all

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……

More

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…

More

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…

More

Tax eNews:

HMRC have issued guidance for VAT-registered business and their agents on how to avoid penalties for non-compliance with the Making Tax Digital for VAT (MTD) rules.

More

Latest blog:

Fortunately, many young accountants aren’t put off by these myths or training requirements and are keen to join the profession.

More

Download:

Free tax resources

Here you can access all of our useful tax guides, information and up to date legislation.

More

Latest News:

Pandemic? What pandemic? With Summer ’22 in full swing and all the usual events happening at full capacity, you could be forgiven for being lulled into a full sense of normality. But once you’ve packed away your tent at Glasto, or finished your…

More

Latest blog:

We’ve noticed that the blend of home and office work has a positive appeal to most of our colleagues and productivity has not decreased at all.

More

Join the team

If you have the energy, mindset and drive to work in an accountancy firm that wants to do things just a little bit differently, then we’d love to hear from you.

More

It’s all about the people! We work hard to maintain our unique culture and recruit those who share our passion for client service, the value we can add to those around us and our never-ending quest to develop ourselves and our clients.

Call us on 01628 770 770 for a no-obligation chat