by johnireland | Articles
Every year, profitable businesses close their doors not because they stopped making money, but because they ran out of it. It is one of the great paradoxes of running a company: the profit and loss account can show a healthy surplus while the bank balance tells a very...
by johnireland | Articles
Ask most business owners how they are doing and you will get “busy” or “fine, thanks”. Ask them who they talked to last week about the decision that actually kept them awake, and the room tends to go quiet. Running a business is, for many...
by johnireland | Articles
Every few months on The Bookshelf, we pick up a book that has nothing to do with Wills, trusts or probate on the surface, and everything to do with them underneath. This month it is Shoe Dog, Phil Knight’s 2016 memoir of building Nike from a car boot importing...
by johnireland | Articles
Most people know that gifts can reduce an Inheritance Tax bill if you survive seven years. Far fewer know about an exemption that works immediately, with no waiting period at all, and no cap on the amount involved. It is called normal expenditure out of income, and it...
by johnireland | Articles
A holiday home in Spain, an apartment in France, a farmhouse in Italy — for many British families, owning property abroad is the reward for decades of hard work. It also raises an entirely reasonable question: can a UK Will actually deal with it? For property in...
