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.
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.
Crucially, succession must be an objective decision. Yet taking an impartial view of your children’s capabilities and drive won’t be easy.
Whatever your succession strategy, the need to start the process early can’t be overstated. It takes time to groom the next generation, or to find external appointees who are right for your business
Share options can be used which are granted on a selective basis and exit-only. This can be used to bridge the conflicting desires of management incentivisation with perceived loss of family ownership.