Are you thinking about incorporating your residential property portfolio? Due to high tax rates on rental profits and fewer benefits, such as the deductibility of financial costs, the answer may be yes. Plus, with the recent reduction in CGT on residential properties from 28% to 24% (effective 6 April 2024), there may be even more […]
Succession planning is a hot topic for many of our clients. In this episode, Leonora and Mike are joined by Peter Harker, a fellow partner in our Land and Rural Practice Group, to discuss the importance of succession planning. In addition to outlining the practical matters to consider when passing on wealth and assets to […]
A family office is a formal arrangement that involves a high-net-worth family being supported with a range of services, including legal, tax, accounting and concierge support. Whether or not you need a family office depends entirely on your financial, investment, and personal needs. In this episode, Leonora and Mike are joined by Alexandra Britton-Davis, a […]
In this episode, we cover the tax implications and practical considerations involved when purchasing large properties and landed estates. Leonora and Mike are joined by Elizabeth Hartless, a fellow partner at Saffery. As well as outlining top tax tips with respect to property renovations, other key areas discussed include: Funding and structuring, Stamp Duty Land […]
In this episode we examine the tax and practical aspects to consider when thinking about your retirement. Retirement planning is not just a matter of saving; it’s about strategising for financial freedom and ensuring your wealth outlasts you. Leonora and Mike also discuss the importance of having a plan in place to ensure you are […]
In this episode, Leonora Stevens and Mike Hodges approach the sensitive topic of death and tax planning, sharing their top tips to give you peace of mind and to help make the planning process as seamless as possible. In particular, Leonora and Mike discuss: The importance of having an up-to-date will in place, Inheritance tax […]
In this episode Leonora Stevens and Mike Hodges revisit Family Investment Companies (FICs) and are delighted to be joined by Guy Broadfield, a Senior Associate at Burges Salmon who has a focus on tax and trusts. This area is a hot topic and with markets and sectors moving at such rapid pace we delve into […]
In this podcast, we examine how grandparents can help to fund school fees and note the relevant tax implications. In particular, we explore inheritance tax and what qualifies as a potentially exempt transfer (PET), while also looking at the use of trusts and the main things to consider. We additionally highlight some general top tips. […]
