
Family businesses
Examples of advice include:
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Moving a family engineering business on to the next generation, extracting substantial funds at CGT rates (lower than Income Tax) and ensuring that the ultimate control of the business will be kept by the older generation until they are prepared to pass it on. |
• |
Using cash in a family farming business to buy shares held by distant relatives. |
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Selling a family wholesaling business when there were no viable options for succession; investing part of the proceeds in family trusts for the next generation. |
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At the request of a family introducing external professional management into their business and advice on issues arising. |
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