Trusts are a vital part of good financial planning, and their importance has significantly increased as we enter a new era of restrictive Inheritance Tax (IHT) legislation.
A growing number of UK residents are heading overseas in search of better opportunities, lower living costs, and improved quality of life. If you’re drawn to a new life abroad, there are some key considerations to factor into your planning.
Running a family business comes with a unique blend of opportunities and challenges; balancing legacy with innovation, and personal values with commercial goals. Yet, one area that often gets overlooked amid the day-to-day demands is long-term financial planning.
There is increasing speculation that Rachel Reeves intends to impose a new charge on LLPs when her Budget is delivered on 26 November 2025. According to The Times, this would be slightly lower than the 15% rate of employers' National Insurance.
The publication of the names of nearly 500 employers found to have breached employment law has once again placed the spotlight on National Minimum Wage (NMW) compliance and the need for businesses to take proactive steps to ensure they meet their legal obligations to staff.
The Law Society has published a practice note setting out the requirements and practical guidance for dealing with residual client balances. Here are the steps law firms can take to ensure compliance.
When it comes to planning the succession of your family business, a management buy-out (MBO) might be an appealing option that can help preserve the legacy you’ve built by keeping it in trusted hands.
It’s almost the season to celebrate and give to those we value. From a business perspective, what are the best ways to reward staff at this time of year?
Management buy-outs (MBOs) are a popular exit route for the owners of companies, whereby the senior management team purchases the assets and operations of the business. When it comes to sourcing funding to facilitate the MBO, this can come from a variety of sources, each with its own advantages and disadvantages.
This year has already brought a string of changes to various tax measures that have sparked concern for many. We’ve seen increased employer National Insurance Contributions (NICs), planned reductions in Inheritance Tax reliefs and a continued freeze in income tax thresholds, to name but a few. But what could be next, and what scope for change will manifesto commitments allow?