November 2024

Family Investment Company (FIC)

Family Investment Companies (FICs): A Tax-Efficient Wealth Management Solution for UK Families

A Family Investment Company (FIC) is a private company structure in the UK, commonly used by families to manage and control their wealth while benefiting from the lower corporate tax rates compared to personal income tax. It can serve as an alternative to trusts for estate planning, providing a flexible way to pass on wealth […]

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UK budget

UK Budget 2024 -2025: Key Tax Changes Impacting You and Your Finances

The 2024-2025 UK budget has been released, and while it doesn’t bring sweeping changes, some important adjustments could affect both individuals and businesses. These changes, especially around thresholds, capital gains, and stamp duty, may have implications for your finances and tax planning. Let’s break down what you need to know in simple terms so you

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