The day to day pressures of running a business in this sector require an enormous amount of an owner’s time.
The construction industry has always been one of the most volatile sectors in the UK economy. Long term survival in this sector requires careful planning and the support and help of a trusted, experienced advisor.
The retail sector has always been one of the most competitive business environments to operate in.
The thought of a tax investigation into their personal or business affairs fills most people with dread. Therefore a key part of our role is to reassure our clients and remove the stress from the process.
The use of trusts continues to be popular as a tax planning tool and as a way of protecting family wealth by giving income to individuals but not allowing them access to the underlying capital. Trusts offer the donor the tax advantages of a gift but allow him or her to lay down some rules as to how this gift is used by means of a trust deed and the appointment of trustees.
As fellow professionals, we know only too well that it is not enough to just get on with the technical job of providing advice to your clients. No matter how strong your technical abilities, you also have to run a business. This means that whilst your clients’ needs are uppermost in your mind, you cannot ignore the costs associated with fulfilling those needs.
In recent years many people have preferred to invest in property rather than many other traditional investments such as pensions, cash or quoted shares. People have always felt “bricks and mortar” have provided a solid investment and in the long term this has been true - although there have been times when property prices have been extremely volatile and people have lost money as well as made it.
Given our local roots and the fact we have been in business for over 50 years, we have strong links in the local community. As a result we have advised and continue to advise a diverse range of local charities – both large and small.
