What We Do:
Legal Services For Entrepreneurs
Running your own business is an all-encompassing endeavour. It can be very difficult for entrepreneurs to find the time to plan for seemingly far off future events, such as a sale of your business or passing your business down to the next generation. However, the success of your business, and you and your family’s future position, can be seriously compromised if succession planning and tax are not properly addressed at an early stage.
At Payne Hicks Beach we aim to make the process of addressing these often complex and difficult issues in a simple and seamless fashion, so that you can return to running your business, or enjoying the fruits of a successful exit, without concern for the future.
From putting in place a Will and Lasting Power of Attorney, to setting up efficient business holding structures such as Trusts, we will ensure that your certain death and potential mental incapacity later in life do not damage either your business or your family.
We are also experienced in navigating the complex tax issues that can arise for entrepreneurs on exit sales and passing the business, or its sale proceeds, down to the next generation. From ensuring that entrepreneurs’ relief for Capital Gains Tax is locked into your business, to obtaining the maximum Inheritance Tax reliefs on death we can secure the best tax position for you and your family.
We are here to ensure that all the hard work you put into your business becomes a sustainable legacy.