Family Investment Companies (FIC) An FIC is a private limited company typically set up by family members to manage and protect family wealth, often for long-term planning purposes and to hold assets. The appointed ‘Company Director’ (often a parent within...
As Christmas rolls round and families are looking at plans to get together, a lot of us are thinking about how to look after both ourselves and our loved ones in later life. Preparing for the future covers many topics and situation, for instance who are your...
Did you know that you can view, print and download your FULL tax returns at any time? Here’s what you need to do:- 1) Visit the Gov.uk website by clicking here www.gov.uk/log-in-register-hmrc-online-services and click on sign in to reach the login page. 2) Scroll...
When it comes to choosing a mortgage, one of the most important decisions you’ll face is whether to opt for a fixed or variable interest rate. Whilst our mortgage brokers at OCG Mortgages can give you a more tailored comparison suited to your personal goals and needs,...
As of 2020, it’s estimated there are 4.8 million family businesses in the UK, contributing £575 billion to the UK economy. Most of these are very small, with 3 quarters being sole traders, and a further 21% having 1 – 9 employees. Speak to any family...
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