• Legacy or quick wins?

  People approach tax and estate planning for a variety of reasons and generally driven by all sorts of different triggers that they may experience.  On the one hand I have acted for people who have been motivated towards Inheritance Tax planning due to the size of the bill on the…

• Holdover relief and its relevance in the current economic climate

  Holdover relief is an unusual tax relief in that it does not mitigate someone from paying capital gains tax, but rather it merely defers the gain being crystallised (i.e. chargeable) by metaphorically kicking the can down the road. Through using holdover relief, the recipient of a gift receives the asset…

• What is a Cross Option Agreement and how can it protect me?

  A cross option agreement is an agreement entered into by all of the Shareholders of a company. The purpose of a cross option agreement is to grant the surviving shareholders an option to purchase the deceased shareholder’s shares at an agreed value. This is known as a ‘call’ option. The…

• Pulling in the same direction

  It is perhaps a cliched expression that no one person is an island, but it should certainly be true that your professional advisors do not work in isolation. Most people with professional advisors have one particular individual they choose to contact before the others and, if they are lucky, they…

• Inheritance Tax vs Capital Gains Tax – are trusts always the answer?

  In the world of tax planning, the wider media can portray trusts as the answer. Stories about how trusts can save tax and preserve inheritance are wonderful filler for the Sunday newspapers. Trusts do have some very significant positives, particularly around protecting wealth for future generations – however they have…

• What is a Shareholder Agreement and how can it benefit my Company?

  A shareholder agreement is a legally binding contract entered into by all or some of the shareholders of a company. A shareholder agreement governs the relationship between the shareholders and the company to commit everyone to good governance and fair and proper running of the business. Whilst the agreement is…

• Should you be worried about Capital Gains Tax?

  Speculation about the possibility of Capital Gains Tax rates being aligned with Income Tax rates is nothing new.  Certainly in the tax planning world this is something that we had been forced to consider at every Budget for many years, especially as economic times have been more difficult than we…

• Our birthday!

  This week was momentous for Gaddu and Hall, as we celebrated our birthday. That’s right, it was our first anniversary. How do I feel about that? Thankful, relieved, mildly surprised, very pleased and rather excited. When we set off, my ambition and hope was to make it through the first…

• Welcome to our new team mates!

  After six months of trading, working hard and growing the business, we’ve decided to bring in some new faces to help us out and to add to our proposition. First of all, Bal and I are delighted to welcome to the firm Celia Gould. Celia joins Gaddu and Hall as…