Trusts v Family Investment Companies
Are Family Investment Companies (FICs) the best way to preserve family wealth or do trusts still have the edge?
HMRC SEISS Auto-Corrections
HMRC is making SEISS (Self-Employment Income Support Scheme) auto-corrections to 2020/21 tax returns where it believes the total of declared SEISS grants received does not match their records.
Capital Gains Tax Review – Second Report
A short summary of the first and second reports on the Capital Gains Tax Review published by the Office of Tax Simplification and the outlook for CGT from our tax team.
What should you expect from your accountant?
Raise your expectations. The right accountant on your team makes a real difference to running your business day to day and helps you plan ahead with confidence.
The Super Deduction
The key issues that make the super deduction capital allowance, not quite so super after all.
Restructuring as a way to divide a Family Investment Company
Restructuring a business when outgrowing a Family Investment Company through a demerger can be a tax efficient way to allow family members to pursue different commercial goals.