It is perhaps a cliched expression that no one person is an island, but it should certainly be true that your professional advisors do not work in isolation. Most people with professional advisors have one particular individual they choose to contact before the others and, if they are lucky, they trust that person and that […]
Inheritance Tax vs Capital Gains Tax – are trusts always the answer?
In the world of tax planning, the wider media can portray trusts as the answer. Stories about how trusts can save tax and preserve inheritance are wonderful filler for the Sunday newspapers. Trusts do have some very significant positives, particularly around protecting wealth for future generations – however they have limitations if their benefits are […]
What is a Shareholder Agreement and how can it benefit my Company?
A shareholder agreement is a legally binding contract entered into by all or some of the shareholders of a company. A shareholder agreement governs the relationship between the shareholders and the company to commit everyone to good governance and fair and proper running of the business. Whilst the agreement is useful in dealing with disputes, […]
Should you be worried about Capital Gains Tax?
Speculation about the possibility of Capital Gains Tax rates being aligned with Income Tax rates is nothing new. Certainly in the tax planning world this is something that we had been forced to consider at every Budget for many years, especially as economic times have been more difficult than we might have liked. Rates of […]