FICs are a solution primarily aimed at family wealth preservation. Until 2006 the usual strategy to preserve family wealth would have been the trust, but tax changes since 2006 have made the use of a trust less attractive.
What is a FIC and why are they gaining in popularity?
Published on 21st April 2021
Updated on 17th August 2023
The UK government has invested in ensuring that the UK is a place that welcomes and supports businesses and those investing from overseas. The process of setting up a business here is a simple and quick process. We have and are able to incorporate a new UK entity in under 48 hours.
FAQs for US businesses expanding into the UK
Published on 26th February 2021
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The most common question at the moment is what happens where a Group company (ConstructCo Ltd) carries out the construction work and charges to a fellow Group subsidiary company that owns the property (PropCo Ltd).
Construction industry and the VAT Reverse Charge
Published on 4th February 2021
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Preparing your business to succeed in 2021 and beyond is a very big topic and raises many commercial, legal and tax questions around the areas of; workforce, workplace, having the right structure, making commercial relationships work given the new challenges and the management of change.
Preparing to Succeed in 2021 and beyond: Commercial, legal and tax questions from British businesses
Published on 25th January 2021
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The initial news from the ports on the first working day since the UK left the EU was positive in terms of smooth passage through the port, but with levels of traffic reduced and the finalisation of the deal only coming a few days before the holiday break, this may be a false sign.
UK VAT changes post Brexit – A brief overview
Published on 7th January 2021
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