HMRC has given family investment companies (‘FICs’) the “green light”, following an internal review lasting over two years. The timing of the conclusion of HMRC’s review may be predicated by the fact that the corporate tax rate is confirmed to increase to 25% from 1 April 2023, but they will nevertheless continue to be a useful planning option for wealth structuring.
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Appointed CEO of Blick Rothenberg in 2020. Background in personal tax with over 15 years of continuous experience in practice. Nimesh specialises in the interaction of personal and corporate tax matters, advising predominantly entrepreneurs from across a variety of industry sectors on all aspects of their personal and corporate tax affairs....