Our Services >> High Net Worth Individual Planning

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. 

 

 

The Day I Kissed My Tax Demand!

Paul,

 

I thought you would like to know that my tax demand came in two weeks ago.  I was shaking when I picked up the envelope and opened itIt was bang on your 10% target figure! I danced around the room and repeatedly kissed the letter - followed by a large brandy!  I am sure you would approve. Thanks again for all your assistance.

  

Joe Croughan

 

Capital Gains Tax

We can assist with reporting requirements and advise on the availability of various CGT reliefs (including those set out below) which can reduce the tax.  Along with advice on how to maximise those reliefs.

Entrepreneurs' Relief

 

This is a valuable relief, providing a low tax rate for certain disposals of businesses and properties.  We can provide advice on the conditions necessary to obtain relief.

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. 

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.