Maximise business value post-death

Maximise business value post-death

Andrew Whiting Wealth Consultancy LLP will be running the series of articles and events which aim to offer help and guidance to business owners and those who run businesses.

Many business owners understandably concentrate on the day-to-day running of their business and its medium-term strategy; and do not give a great deal of thought to what happens after their death or how to maximise the value of their business for the family that they leave behind. This is a subject, however, that’s worth taking time over as the right action can make a significant difference to the tax that might otherwise be payable to HMRC.

Essential points for all business owners in summary are to:

  • Take advice
  • Make sure incorporation documents are structured in the right way
  • Remain vigilant against the dangers of prejudicing the availability of relief
  • Make a Will and ensure that it makes maximum use of reliefs and mitigates IHT as much as possible *

Understanding the demands that are involved in managing and controlling a successful business, Andrew Whiting Wealth Consultancy LLP offer complimentary events as well as no obligation surgeries.

The next complimentary wine tasting and investment information event, held specifically for business owners wanting to find out more about the services of Andrew Whiting Wealth Consultancy LLP, is on the evening of Thursday 20th November, at The Cube in Birmingham. Spaces are limited and therefore to reserve your space, register your interest online today, email or call 0121 215 0926.

The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax relief depends on individual circumstances.

*Will writing involves the referral to a service that is separate and distinct to those offered by St. James's Place. Wills are not regulated by the Financial Conduct Authority.

Andrew Whiting Wealth Consultancy represents only St. James's Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the Group's wealth management products and services, more details of which are set out on the Group's website