Division 04
Business S.T.E.P.S
Succession, Transfers & Exit Planning Strategies. For owners, helping them ensure their business or proceeds can pass onto the next generation in a tax efficient manner.
What S.T.E.P.S is for
Most business owners have a Will that deals with their personal assets but does not highlight the special circumstances that need to be considered when handing down a business to the next generation.
This is especially relevant if that business is either considered as an "investment business" as opposed to a trading business, or if the business in question is worth above a specified amount.
Our Business S.T.E.P.S division helps our owners to legally pass on their companies in an HMRC compliant fashion. We also advise how to structure the business to minimise the tax burden on transfer.
A will that deals carefully with the house and vaguely with the company is not a plan. It is a problem with a date on it. Generational Planning Group
Business succession and estate planning are not regulated by the Financial Conduct Authority.
Talk to us about succession
Bring the situation as it stands. The first conversation is free and there is no obligation.