Expert Inheritance Tax & Capital Gains Tax Advisory

Specialist Tax Advice for Family Businesses

Protect your legacy, manage your wealth efficiently, and plan for the next generation.

Family businesses form the backbone of the UK economy but with shared ownership, succession challenges, and complex tax rules, maintaining harmony and protecting value can be difficult.

At Dragon Argent, our expert tax advisers help family-run businesses navigate these challenges with clarity and confidence, ensuring your wealth and enterprise are structured for long-term success.

Speak to one of our expert tax advisers for a confidential consultation and discover how we can help you protect and grow your assets.

☎️ Schedule a discovery call

Alternatively send your enquiry to ask@dragonargent.com

TRUSTED BY FOUNDERS, STARTUPS & SMEs

Why Family Businesses Need Specialist Tax Advice

Family enterprises face unique tax and legal complexities that differ from other business structures. Without the right guidance, families risk unnecessary tax exposure, inefficient ownership structures, and disputes between generations.

Our advisers provide tailored support on:

  • Succession and Inheritance Planning – Structuring ownership and share transfers to minimise Inheritance Tax (IHT) and Capital Gains Tax (CGT).

  • Business Property Relief (BPR) – Advising on eligibility to preserve your business assets from IHT liabilities.

  • Family Investment Companies (FICs) – Setting up tax-efficient vehicles for long-term wealth management.

  • Dividend and Income Strategies – Optimising remuneration and distribution between family members.

  • Trusts and Estate Planning – Using family trusts to safeguard wealth while retaining control.

  • Shareholder Agreements & Governance – Ensuring smooth transitions and preventing future disputes.

Our holistic approach combines tax, legal, and advisory expertise under one roof, helping families maintain both business growth and family harmony.

Talk to our tax adviser today

MEET OUR TAX TEAM

Sanjay Kukar

Strategic Tax Advisor

Misha Patel

Tax Consultant

How We Work with You

  • Discovery & Family Objectives

    We start by understanding your family structure, long-term goals, and ownership dynamics.

  • Tailored Structuring & Tax Planning

    Our team analyses your current setup to design an optimal tax and governance strategy.

  • Implementation & Ongoing Support

    We execute share transfers, trust structures, or corporate reorganisations efficiently and provide ongoing support as the business evolves.

BOOK A CONSULTATION WITH OUR FAMILY BUSINESS TAX EXPERTS

Whether you’re planning succession, restructuring ownership, or reviewing your IHT exposure, our advisers can help you make informed, tax-efficient decisions.

Alternatively send your enquiry to ask@dragonargent.com

FAQs - Tax Advice for Family Businesses

  • Consider a review if:

    • You’re planning to transfer ownership to the next generation

    • You’re selling or partially exiting the business

    • You’re adding new family shareholders or investors

    • You hold business and property assets under one entity

    • You’re unsure about your Business Property Relief (BPR) position

  • Family businesses often combine personal and commercial interests, which creates complex tax considerations. Specialist advice ensures that ownership structures, remuneration, and succession plans are tax-efficient and compliant helping to protect family wealth across generations.

  • The key taxes to consider include Income Tax, Corporation Tax, Capital Gains Tax (CGT), and Inheritance Tax (IHT). Family businesses may also need to plan for Dividend Tax, Stamp Duty, and Business Property Relief (BPR) eligibility to minimise exposure and maximise reliefs.

  • Careful structuring can help reduce or even eliminate IHT on qualifying business assets. Strategies may include using Business Property Relief, setting up Family Investment Companies, transferring shares strategically, or establishing family trusts to protect and manage assets efficiently.

  • Business Property Relief is a valuable tax relief that can reduce the value of your business assets for Inheritance Tax purposes by up to 100%, provided certain conditions are met. It’s particularly relevant for family businesses planning to pass ownership to the next generation.

  • A Family Investment Company is a limited company used to manage and grow family wealth in a tax-efficient way. It allows parents to retain control while passing shares or value to children. It’s a popular alternative to trusts and can be highly effective for long-term inheritance planning.

  • You should review your tax and ownership structure whenever:

    • A new generation joins or takes over

    • You’re planning to sell, exit, or transfer shares

    • The business acquires new assets or property

    • Major tax legislation changes occur

    • You want to optimise dividend or salary strategies

    Regular reviews help ensure continued tax efficiency and compliance.

  • Yes, family members can be employed and paid through the business, but it’s essential that salaries and dividends reflect genuine roles and market value. Structured correctly, this can be a tax-efficient way to distribute income among family members.

  • Our advisers work closely with you to understand your family’s long-term goals, structure ownership, and implement tax-efficient succession strategies. We handle share transfers, trusts, and governance arrangements to ensure smooth transitions and protect family harmony.

  • Dragon Argent provides an integrated advisory, tax, and legal service, meaning you benefit from coordinated advice under one roof. This reduces duplication, ensures compliance, and provides a seamless experience for complex family business arrangements.