Nick Harbord
Problem
While it is common to pass on wealth this way, it posed a challenge due to the difference between the current value of the portfolio and the price he initially paid. We identified that a pre-existing family trust had made significant losses for Capital Gains Tax purposes.
Solution
After discussing with the family financial adviser and their legal advisers, we came up with a structure that would enable Nick to transfer his portfolio and use the trust losses without triggering any taxes.
“Paula has been a wonderful help, makes everything easy to understand and straightforward. I don’t know what I would do without her looking after me.”
We’re 5-Star Rated
Good with numbers, even better with people...
Benefits of using Butt Miller for your Tax Planning
At Butt Miller, we support many individuals and businesses when it comes to tax obligations for passing on assets. By understanding your situation and preferred outcome, we can develop a strategy to protect your assets and finances. We will always handle the sensitive subject with professionalism.
Whether you’re looking for support with trusts or want to start planning for your will, we will provide you with personal guidance and professional advice to ensure the people you care about most are looked after and no one has to worry about the tax implications involved.
Contact us today to discuss your situation.
We're Personal
We're Honest
We're Professional
We're Experienced
We're Practical
We're Experts
Take a look at our previous case studies...
Runway Logistics
Our Accountancy Services
At Butt Miller, we pride ourselves on proactively finding ways to add value and boost your profits through a range of accountancy services that are based on our understanding of your numbers, your business and, most importantly, of you!
Accountancy services
Speak to a senior adviser today
Tell us a little about your business or personal finances, and what you need support with. We’ll review your enquiry and get in touch as soon as we possibly can.