At Rotherham Taylor, we have worked with family businesses across several generations, so we not only understand these challenges, we know how family businesses can overcome them in order to thrive and grow.
Structuring a family business can have particular challenges, with the need to navigate the potential tension between emotional bonds and commercial demands.
Our team can help you think through the options and understand the implications for management, providing effective incentives and managing your exposure to tax.
Planning for succession in family businesses can be a challenge, with the added complications of Inheritance Tax (IHT) and Capital Gains Tax (CGT) to contend with.
Our team can assist you in putting plans in place that manage your business’s exposure both to IHT and CGT, so that you can be confident it will thrive for generations to come.
As independent and diplomatic advisors, we can help you see the bigger picture. Our loyalties lie in working for the best interests of the family and the business, meaning we can take a neutral but realistic approach.
Contact us today for more information about how we can help you.