Are Family Investment Companies (FICs) the best way to preserve family wealth or do trusts still have the edge?
Following Rishi Sunak’s economic statement to the House of Commons on 11 Jan 2021, Craig Simpson, tax partner at Bates Weston, looks at the tax changes that may be ahead in the Budget on 3 March 2021.
Craig Simpson , Tax partner at Bates Weston, looks at the recommendations made by the OTS’ first report on the Capital Gains Tax review requested by the Chancellor.
Bates Weston Tax welcome Liz Pepper to our growing tax advisory team. Major decisions, especially for owner managers, have far reaching impacts. Our job is to help them take the big decisions with confidence. Recognised by Tolleys’ for our work with OMBs, we offer rounded practical tax advice.
In part 7 of our Tax Planning Guide series, Cassandra Graham, Senior Tax Manager at Bates Weston urges us to keep a watchful eye on trading status, as the tax implications are significant.
In a time of economic uncertainty, thoughts turn to asset protection – protecting business assets should your business suffer and passing on personal assets to future generations.