In this episode of our Successful Succession Planning series, Senior Client Director, Chris Yardley speaks to Shane Gallwey, Head of EIS at Guinness Asset Management who provide a range of EIS (Enterprise Investment Schemes) and BR (Business Relief) opportunities to investors seeking interesting, higher risk investment strategies.
Click below to listen to the recording.
We discuss this topic of tax efficient solutions within our series on succession planning because we understand that many of our clients are compelled by the tax benefits of these, but don’t understand the risks or rules that apply. In this podcast we delve deeper into the parameters of what is possible and the risks to consider to help you make an informed decision on your own financial planning.
In this interview you will hear about the enormous success of EIS schemes in the past 26 years – amassing over £20 billion of funds for the small start up companies and how BR can help bridge the gap on the seven year gifting issue for IHT purposes.
Interestingly, Shane goes on to let us know how the companies themselves are selected to be included in the schemes; “management is key” – and for the investors themselves, he explains the key considerations: risk and liquidity.
Chris notes: “Tax efficient solutions fall within my area of expertise, and we have a large amount of experience in advising suitable clients for a number of reasons and across many providers”.
At Strabens Hall, our team of experienced financial advisers work frequently with families and individuals to support their succession planning requirements, particularly for IHT planning. If you would like to speak with a member of our team about your own wealth management needs or investments, please contact us directly : firstname.lastname@example.org
The podcast is led by our Senior Client Director, Christopher Yardley and introduced by Marketing & Communications Director, Gillian Wilson.
Guinness Asset Management is just one of many providers who offer EIS and BR investments.