There is a growing interest among financial planners in the use of family investment companies.
In this video, Technical Connection joint managing director Tony Wickenden explains the drivers behind family investment companies' appeal.
He discusses the lower corporation tax rates that family investment companies enjoy, particularly compared with the dividend tax regime.
He also goes into some of the details around family investment companies as a means of estate planning "with control".
Tony says while the natural tendency here is to think of discretionary trusts, this control comes with costs attached. Yet he adds that family investment companies can offer that control without incurring the same level of costs.
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