The Knowledge Centre

What Is a Family Investment Company? A Family Investment Company (FIC) is a private limited company established to hold and manage family investments, such as property or shares as an alternative to a family trust. Usually, parents will establish the FIC for the benefit of their children and/or grandchildren. What Are the Benefits of a Family […]

There are no special tax exemptions or reliefs for Family Investment Companies (FIC). They are taxed in the same manner as any other company. Generally speaking, the company will pay corporation tax on its profits and chargeable gains for the period. This is currently at 19%… it is scheduled to rise to 25% in April. However, […]

Over the last few years, the Family Investment Company is becoming a relatively popular alternative to the more traditional trust when it comes to wealth and succession planning. However, in my book, there is an awful lot of unnecessary mystery and complexity surrounding the Family Investment Company or FIC. Indeed, the ‘product-isaton’ of this concept […]

The Family Investment Company is becoming a popular mechanism for preserving, maintain and growing family income and wealth due to the relative flexibility it offers over the more traditional trust structures. Importantly though, this is not a ‘one size fits all’ solution. In order to determine if this is a suitable option requires careful consultation […]

Taxation of Family Investment Companies If you would like further assistance in exploring the suitability of a Family Investment Company, then please do not hesitate to get in touch.

However, in my book, there is an awful lot of unnecessary mystery and complexity surrounding the Family Investment Company or FIC. Indeed, the ‘product-isaton’ of this concept is the probably the reason why it has been revealed that HMRC is more interested in these structures – particularly where there is a level of complexity around […]

Taxation of a UK Family Investment Company Please see our full Signpost document regarding Family Investment Companies for more information on these vehicles. Tax & Family Investment Companies – Background Did you Know? There are no special tax exemptions or reliefs for Family Investment Companies. They are taxed in the same manner as any other company… […]

UK Unlimited Company as a FIC – Set Up, Advantages & Disadvantages Please see our full Signpost document regarding Family Investment Companies for more information on these vehicles. What is an unlimited company? An unlimited company must be registered at Companies House. In a normal trading scenario, the company operates in a similar manner to […]

Family Investment Company (“FIC”) – Signpost What is a FIC? Over the last few years, the Family Investment Company is becoming a relatively popular alternative to the more traditional trust when it comes to wealth and succession planning. There is a lot of unnecessary mystery and complexity woven in to the concept of the Family […]