Deloitte private business
Establishing, maintaining and growing any business in today’s challenging environment brings with it a whole range of complex issues. Owners/managers need to balance the day-to-day running of the business with the development of longer term strategic goals in terms of both the business and the individual personally.
We at Deloitte Private Business can support the establishment, growth, and protection of your business. From a personal perspective, we can support you in the simultaneous growth of your own personal wealth while also helping lay the platform for the wealth of future generations.
Establishing your business
Whatever the size of your business, whether you are a sole trader or partnership or are considering incorporation, we can guide you through this process. We provide a range of services supporting the inception of your business, with particular emphasis on implementing the business structure most suited to your needs, together with preparing and reviewing appropriate partnership or shareholder and commercial agreements and advising on all areas of taxation.
Growing your business
We recognise that as your business grows, your needs may change. We can provide advice on an ongoing basis on the best structure for the current needs of your dynamic business to include corporate group restructuring and amalgamations, business asset transfers, debt transfers and property transactions.
Should your business expand beyond these shores, through our specialist team and our international network we have the strength and depth of talent to advise you on a range of international issues. We have invaluable experience advising on offshore trusts and companies, foreign asset holding structures and the impact of residency status for owner managers and, in the case of a corporate body, the company itself.
Wealth management & asset protection
You can avail of independent wealth management advice through Deloitte Pensions and Investment Limited. We can advise on asset protection solutions available to individuals and families. Our services include advising on the use of trusts, both domestic and foreign; family partnerships; asset holding structures such as parallel companies and unlimited companies; the flexibility of different investment structures; and the implementation of pension planning solutions.
Succession planning
We can advise you and your family on all areas of succession planning, including the tax efficient transfer of your assets and/or business to the next generation either during your lifetime or on your death. We place emphasis on the use of tax reliefs and exemptions such as retirement relief, business and agricultural relief and stamp duty relief.
If you are retiring, we can advise you on tax free payments to which you may be entitled, together with tax efficient extraction of cash and assets from your business to provide for your future.
We can guide you through any tax issues arising in the preparation of your will to ensure your intentions for you and your family can be achieved. We can provide tax advice on issues arising on the creation, administration and dissolution of will trusts and settlements and the administration of estates.
Please do not hesitate to contact a member of the Tax team with any queries you might have.