Owning and running a family business can be a rewarding experience, but it also comes with its own unique set of issues and challenges.
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Owning and running a family business can be a rewarding experience, but it also comes with its own unique set of issues and challenges.
Our latest article for the Scotsman discusses the inequality across and within generations and the growing importance of inherited wealth. Read more here: bit.ly
“There is nothing as certain as death and taxes.” Or to put a modern spin on it, “none of us is getting out of here alive, so make sure to pay the right tax bill, when you leave”. In the same context, 2017 has prompted a report by the Institute for Fiscal Studies on inheritances and inequality across and within generations. The authors of the report have flagged up a change in society whereby today’s elderly have much more wealth to bequeath than their predecessors, primarily as the result of rising home ownership rates and rising house prices.