We can provide advice for High Net Worth Individuals including business structure, succession planning and measures to preserve family wealth.

Recent projects have dealt with business restructuring to bring assets within Business Property Relief, maximising Entrepreneurs' Relief and Family Trust Planning.  A few example are below:

Entrepreneurs' Relief

 

This is a valuable relief, providing a low tax rate for certain disposals of businesses and properties.  We can provide advice ensuring conditions are met so as to maximise the relief available.

Inheritance Tax

 

Planning for inheritance tax is important. Individuals with a high net worth are likely to incur substantial inheritance tax unless robust planning is implemented prior to death.

 

Capital Gains Tax

We can assist by giving an illustrative tax computation to provide details on the net proceeds you can expect to receive from sales of assets.  We can also assist with reporting requirements and advise on the availability of any reliefs which can reduce the tax, including Entrepreneurs' Relief.

EIS Deferral Relief

Reliefs for investing in EIS shares are one of the most flexible forms of tax relief, offering relief from income tax as well as deferring tax on capital gains.  It is important to understand the risk of any underlying developments.

Private Residence Relief

Formerly known as Principal Private Residence Relief.  This can be utilised to provide relief from Capital Gains on property in certain circumstances.  Eaves and Co can advise on how best to make use of this relief.