We help organisations and their owners and directors.
The organisations are UK based as well as international groups looking to invest into the UK. They tend to be established and growing entities.
We love working with clients across a broad range of sectors but have particular expertise in the areas listed. We also work with private individuals and families with their own personal tax matters, whether their wealth is UK-based or international.
There are three general areas that people are looking at, at the moment; gifting shares throughout the family generations; incentivising employees through share schemes and restructuring for trade and asset protection or financing purposes.
The innovation that British companies are undergoing should be identified and quantified as they may be the basis of a government grant or Research and Development tax credit claim that could help finance the future of the business.
It's been proven that some of the best businesses come out of these short term problems, leaner and stronger than they went in, and therefore the director should not lose focus on the longer term growth of the business just because of management of the short term crisis.
Tax is always a concern for a family business. There is an argument that family members are more concerned about tax than professional management within a larger business. This is because any tax payment ultimately comes from the family’s pocket.
It’s never too soon to plan for the future. Not to mention for the unexpected: illness, death, and life-stage changes such as the birth of children can suddenly change the equilibrium of a family firm.