Tax Surgery: Family investment companies – 23rd May 2018

Where are we now – risks and advantages plus family constitutions.

Your Speaker on 23rd May 2018 is Michael Sherry

Family investment companies:

• Entrepreneurs relief vs Substantial shareholding exemption
• Possibilities for BPR
• Modifying shareholdings to give gradual shift of value
• Freezer shares
• Voting only shares
• Capital reduction shares
• (Accidental) Destruction of value and immediately chargeable transfers
• Share valuation – from Jamieson through Crossman and Buccleuch to Gray’s Timber
• Gearing?
• Family constitution purpose form and functions

Private Client Tax Surgery with Michael Sherry

Monday 23rd April
4.30pm – 5.30pm

Red Room – Calyco, St James’ Building
61 – 95 Oxford Street, Manchester, M1 6EJ
Followed by drinks and a chance to discuss the issues.

No charge for attendance.

The seminar will concentrate on business property relief:

  • review of cases (including recent decision in Ross)
  • the 2 year rule and replacements
  • why every client should have a company
  • flexible will trusts

Attendees are encouraged to raise problems experienced in practice. Any summary of a practice problem submitted at least 24 hours before the seminar will be considered during the session.

Questions and discussion are welcomed.

As with previous sessions Michael will be working through some examples. However if participants would like to raise their real life problems that would be welcomed. Any specific examples you would like to raise should be sent to us a week before the session.

Numbers for these sessions are strictly limited. Early booking is essential – please email