One question to ask yourself
If you stepped back tomorrow, would the business or the farm pass on the way you’d want?
Personal and family
The short version.
Succession takes time to get right, and the earlier you start, the more options you tend to have.
Who it’s forFamilies with a business, farm or property to pass on, and owners planning to step back or sell.
What’s included
- Inheritance tax planning for you and your family
- Making use of exemptions and lifetime gifts
- Passing on agricultural and business property
- Succession and exit planning, including the tax on a sale or handover
- Setting up trusts, and preparing trust accounts and tax returns
- Working alongside your solicitor on your will
Things to know
Inheritance tax reliefs have conditions, and the rules on agricultural and business property relief have changed recently. Pensions, life cover and investments are regulated financial advice, which we don’t give.
Other ways we can help
More from PJE.
Personal and family
Personal Tax PlanningIncome tax, capital gains tax and inheritance tax, looked at together.Learn more →
Specialist practice
PJE AgriOur premium service for farming families: onboarding, Dext and Xero, and planning meetings before and after the year end.Learn more →
Business
Corporate Tax and StructureCorporation tax, reliefs and the right structure for where you’re heading.Learn more →
Business
Business Planning and FinanceStarting up, planning ahead, forecasts, funding, and buying or selling.Learn more →