Succession & Family Business Planning
Protect what you have built and pass it on to the next generation efficiently.
We advise on structuring ownership transitions for family businesses, including family trusts, corporate governance, and succession planning from a tax-efficient perspective. Our goal is to preserve wealth across generations while managing family and commercial dynamics.
Service Highlights
What You Need to Know
Passing a family business to the next generation is one of the most tax-sensitive and commercially significant transactions a business owner faces. Business Relief now provides up to 100% IHT relief on qualifying business assets up to a £2.5 million cap per individual, with 50% relief on value above that threshold. The cap took effect from 6 April 2026, and structuring ownership carefully now, using family investment companies, trusts, or phased lifetime gifts, remains essential for estates with business assets above the threshold. We take a long-term view, balancing tax efficiency against the practical realities of family governance and commercial continuity.
What We Provide
Ownership Transition
Planning the transition of ownership to the next generation or management team in a tax-efficient and commercially sound manner.
Family Trusts
Establishing and advising on family trusts to protect assets, manage succession, and provide for future generations tax-efficiently.
Business Property Relief
Structuring business interests to qualify for Business Property Relief, reducing or eliminating inheritance tax on business assets.
Why Choose Bespoke Tax
We provide a unique combination of international expertise and global presence.
Expert Team
Dedicated specialists with deep knowledge of international tax regulations and compliance requirements.
Proven Results
Track record of delivering significant tax savings and compliance improvements for our clients.
Risk Mitigation
Proactive approach to identifying and mitigating tax risks before they become costly problems.
Ready to Optimize Your Tax Strategy?
Speak with our tax experts to discuss your specific succession & family business planning needs. We provide clear, actionable advice tailored to your goals.
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