Protect your family wealth. We can help you plan for the long term.
A Family Investment Company (FIC) structure is a tax efficient vehicle for making long term investments, allowing your investment assets to grow in a lower tax environment. This structure is suitable for protecting “family wealth” – investment assets held as shares, securities, property, cash etc.
It allows accumulated family wealth to be retained by the family for the long-term, and also allows it to be used flexibly to benefit children and grandchildren in the future. It may be particularly suitable where there is a desire to prevent the next generation from dissipating family wealth, or to protect it generally for the children and grandchildren against any unforeseen future issues.
A Family Investment Company allows your family investments to benefit from corporation tax rates, which continue to fall and are significantly lower than personal tax rates.
It must be noted that a Family Investment Company is not necessarily suitable to all circumstances, and there are additional factors and costs associated with setting up a limited company. These will be fully explained to any client as part of our comprehensive personalised advice.
If you’re a homebuyer, solicitor or agent and require pre or post-transactional advice then please contact us and one of our property tax advisors will be delighted to help.contact Us
Investing in property for your retirement?Contact our specialist team of chartered tax advisers.