Non-Residence Planning: What Leaving the UK Can Mean for Your Tax Position
Moving overseas can materially change the UK tax position of business owners, investors and internationally mobile families. Genuine non-residence can affect foreign income, investment gains, a future business sale and, over time, the Inheritance Tax treatment of overseas assets. But simply moving abroad does not switch off UK tax. When are you actually non-UK resident? […]
Family Business Succession: Protecting Shares, Control and Wealth Across Generations
Passing shares to the next generation is only the start of family-business succession planning. The more difficult question is what happens to those shares afterwards — on death, divorce, a shareholder leaving the business or ownership eventually passing to grandchildren. Keeping shares within the family Robust articles can restrict transfers outside the family and require […]
Business Property Relief: What Business Owners Need to Know About Inheritance Tax
For many owners, the family business is their largest asset. Business Property Relief (BPR), now commonly referred to as Business Relief, can significantly reduce the Inheritance Tax exposure on qualifying business interests. However, the rules changed materially from 6 April 2026. What does Business Relief do? Relief can apply to qualifying unlisted trading company shares, […]
When Business Property Relief Does Not Apply: Investment Assets, Property Companies and Surplus Cash
A company can be a genuine trading business and still contain value that does not qualify for Business Property Relief. In other cases, investment activities can become so significant that the company itself falls outside the relief. The distinction is especially important following the April 2026 changes. Two different tests First, is the business itself […]
Family Investment Companies: Using a Company to Manage and Pass on Family Wealth
A Family Investment Company (FIC) can provide a long-term structure for families who want to invest wealth, begin passing economic value to the next generation and retain control over how the assets are managed. It is not a tax-free wrapper, and its benefits depend heavily on the ownership, funding and investment strategy. How a FIC […]