The UK is the first country to bring in this type of register and so there are no other models to draw on and the government is intending to “…proceed cautiously , striking the right balance between improving transparency and minimising burdens on legitimate commercial activity”.
Government confirms draft Bill on new register of foreign entities owning UK property
03/04/2018
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The Government are concerned that bringing external investors into a family business can dilute the founders down below a 5% stake in a company. The 5% threshold may therefore hold back the seeking of external funds and therefore hold back growth in a business.
Possible extension of Entrepreneurs’ Relief: Consultation wants to hear from Family Businesses
13/03/2018
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