Wealthy relatives are often the source of funds used for school fee schemes. But what if yours don’t have the cash to set aside the amounts required for school fee investment plans. Is there a viable
alternative?
Published 24.04.2008
You started a company a few years ago and it’s doing well. A friend has suggested you give some shares in it to your young children. You’re thinking of going ahead, but how should you go about it to
avoid trouble with HMRC?
Published 18.04.2018
Your offspring is a brilliant child and will surely qualify for University, but how are you going to pay for 3-5 years at law or med school when the time comes? The Child Trust Fund sounds promising,
but is it the solution?
Published 24.02.2005
Owning your company jointly with your spouse can significantly reduce your tax bill compared with owning it alone. It’s worth transferring shares as a gift to achieve this, but might a sale to your
spouse be even more tax efficient?
Published 19.02.2019
You want to make a gift of shares in your family company to your grandchildren to provide income for their upbringing and to reduce the potential inheritance tax (IHT) bill on your estate. For tax
efficiency should your gift be made direct or through a trust?
Published 10.02.2021
Your long-term plan is for your children to take over the family company but they are far too young at the moment. Nevertheless, is it worth giving them shares in the business now as a tax-saving
measure?
Published 02.10.2019
A tribunal recently ruled that the profit shifting scheme used by two married couples who were shareholders in the same company was caught by anti-avoidance rules. What went wrong and how can you
avoid the same trap?
Published 18.02.2014
An important tool in the tax planner’s armoury is being able to pay out accumulated company profits as capital rather than income. This can save shareholders thousands, but the Taxman is aiming to
spoil the party. What’s the full story?
Published 04.05.2011
You’re aware that sharing your company’s income with your spouse can save tax but aren’t sure how to do this in practice for the maximum tax advantage. What tips or traps should you be aware of?
Published 07.04.2022