by johnireland | Articles
Many of the people we speak to have a plan for the next chapter. Sell the business or hand it on, keep a couple of rental flats ticking over, and spend more of the year somewhere warmer — Spain, France, Portugal. Somewhere along the way, a lot of them have picked up...
by johnireland | Articles
Ask a room full of business owners in their fifties and sixties when they last took a week off sick and you will hear a lot of proud answers. “I never get ill.” “I can’t remember the last time.” “I don’t have time to be...
by johnireland | Tax Talk
Probate value is not the final word. What executors actually sell for can change the tax bill in either direction.If executors sell land or buildings within four years of death for less than probate value, they can claim inheritance tax back on form IHT38.All land...
by johnireland | Articles
When someone dies, their property is valued for inheritance tax at the date of death. That figure — the probate value — then follows the estate around for years. But markets do not stand still while executors gather in the paperwork. By the time a buy-to-let flat or a...
by johnireland | The Book Shelf
Simon Sinek’s The Infinite Game (2019) borrows James Carse’s idea that some games are played to win and others to keep playing — and argues business is the second kind.A finite game is played to win; an infinite game is played to keep playing. Business has...
