You have spent years building your company. But if you passed away tomorrow, how much of its value would go to your family, and how much to HMRC?
For many business owners, the answer is unclear. Inheritance Tax rarely depends on one figure. Your estate is made up of company shares, commercial property, savings, investments, your home and any gifts you have made along the way. Each of these can change the final bill. Recent updates to Business Relief rules also mean that owners who assumed their business was protected should check whether that is still the case.
At Brayan & Spencer Associates, we help UK business owners see their full financial position and understand where Inheritance Tax could affect it. We work with company directors, landlords and entrepreneurs who want practical answers rather than guesswork.
Starting the conversation early gives you more options. Problems found now can often be managed. Problems found too late usually cannot.
Looking for Accountants and Tax Advisers in London?
Need an Accountant and Tax Specialist for both your business and personal affairs? Talk to the team at Brayan & Spencer Associates.