Business Planning, Tax Structuring & Succession Services
Our Private Client Tax team advises business owners on structuring, managing, and transitioning their businesses in a tax-efficient and commercially effective way.
We support family-run, owner-managed, and growing businesses with tailored guidance across all stages, from start-up and incorporation to tax, remuneration, and succession planning.
Why choose our Business Planning and Succession Team?
Through our business planning services, Henderson Loggie helps business owners:
- Structure their businesses efficiently
- Minimise unnecessary tax liabilities
- Plan for future growth and ownership changes
- Prepare for succession or eventual exit
Family-run and owner-managed businesses play a vital role in the UK economy. As every business has different objectives, ownership structures and succession plans, we provide tailored advice based on your specific circumstances.
We have a team of qualified tax specialists with extensive experience across all tax areas, and our comprehensive private client tax service allows you to manage all your financial needs under one roof.
The Benefits of Business and Succession Planning
Effective business and succession planning can help protect the long-term success and value of your business while ensuring future ownership and management transitions are handled smoothly.
Whether you are planning for growth, preparing for retirement, bringing family members into the business, or considering an eventual sale, taking advice early can provide significant commercial and tax advantages. Careful planning can help improve business continuity, provide greater certainty for stakeholders and create more flexibility when future opportunities or challenges arise.
If you’re considering the future of your business, our specialists can help you explore your options and develop a plan tailored to your personal and commercial objectives. Get in touch with our team to discuss your circumstances.
Our Business Planning and Succession Services
Business Structure Advice
We can provide advice on structuring your business in a way that supports your needs and operates in a tax-efficient manner.
Family Investment Companies
We can advise on the creation, structure and ongoing management of Family Investment Companies, ensuring the structure aligns with your family’s long-term objectives.
Incorporation
Remuneration Planning
Business owners have several ways to extract funds from their company. Due to changes in dividend tax rates, National Insurance thresholds and corporation tax rules, it is important to ensure that your remuneration strategy remains tax efficient.
Business Succession Planning
Additional Business Planning Services
Business Succession Insights Direct to Your Inbox
Whether you’re planning for retirement, considering family succession or simply looking ahead, staying informed can help you make more confident decisions.
Subscribe to receive our Business Planning and Succession email series, followed by occasional updates covering tax developments, succession strategies and practical guidance for business owners.
Business Planning and Succession FAQs
Whether or not you’ve undertaken remuneration planning before, the constantly changing tax landscape means it can be useful to review whether a more tax-efficient remuneration package could be established.
The process is tailored for each client; however, it will usually involve an initial meeting to discuss your desired outcomes. Following this, we will prepare a report which either sets out our recommendations or provides a summary of options to support further discussion.
There are a number of options available for bringing family members into the business, including issuing shares, setting up alphabet shares and transferring shares during your lifetime. The most appropriate option will depend on your specific circumstances and desired outcome.
With HMRC reducing the relief available for business assets and keeping other reliefs frozen, more estates are being brought into the scope of Inheritance Tax.
This makes it increasingly important to review your position regularly and check the availability of relevant reliefs. You can find out more here.
Business succession planning is the process of preparing for the transfer of ownership, management or control of a business. Effective planning helps ensure continuity, protects business value and provides clarity for future owners and stakeholders.
Ideally, succession planning should start several years before any planned transfer of ownership or retirement. Beginning the process early can provide greater flexibility, allow time for tax planning and help ensure a smoother transition.
Without a clear succession plan, unexpected events such as retirement, illness or death can create uncertainty for the business, employees and family members. Planning ahead can help minimise disruption and support long-term business stability.
There are a number of alternatives to family succession, including management buy-outs, employee ownership structures and sales to third parties. The most suitable option will depend on your personal objectives, the nature of the business and the future plans of those involved.
Meet Our Business Planning and Succession Team
Lucy Crow
Director
Edward Marriage
Manager
Robyn McMahon
Tax Consultant
Speak to our Business Planning and Succession specialists
Whether you’re looking to transfer ownership to family members, explore employee ownership, prepare for a future sale or review your tax position, our team can help you plan with confidence. Get in touch, and a member of our Business Planning and Succession team will be in touch.
