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Advice Note 22: Succession Planning

• Succession planning is complex, often emotionally-charged
• Different circumstances require different strategies
• There are two essentials: early planning and professional advice

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Advice Note 21: Inheritance Tax

Planning ahead is vital to reduce liability Navigating the tax maze is complicated Seek professional advice from specialists throughout the process Many garden centres are successful family-run businesses but when passing the business down from one generation to the next, it is vital to plan for Inheritance Tax (IHT). Planning… read more »

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