Many family property companies were built by one generation and are now owned by several. The buildings are sound, but the company, the tax position and the people around the table have moved on, and a sale of the buildings alone often leaves the family facing two layers of tax.
The Budget changes the arithmetic of holding property, with higher tax on rents held personally and reform of company distributions to come. This paper sets out the routes open to a family: selling the buildings, selling the company, exchanging the portfolio for listed shares, bringing in a partner, dividing the company between branches of the family, or keeping it and professionalising its management. It explains how each route trades cash today against control, and how we help a family choose before the dates arrive.
For a confidential conversation, call James Innes on 020 7850 4760 or email james.innes@chrystalcapital.com.
This paper is general information and is not advice, including tax advice. Chrystal Capital Partners LLP is authorised and regulated by the Financial Conduct Authority.