by johnireland | The Book Shelf
Shoe Dog is Phil Knight’s candid memoir of building Nike, and it is more useful to business owners than most business books because it does not flatter the process. Knight shows a company that looked successful for years while being genuinely close to collapse,...
by johnireland | Tax Talk
Business Property Relief used to be unlimited. Qualifying business assets passed free of Inheritance Tax whatever they were worth, which is why so many family firms survived the death of their founder intact. Since 6 April 2026, that is no longer the position. The...
by johnireland | The Book Shelf
Finish Big by Bo Burlingham asks a question most business books ignore: not what your company sold for, but whether you were glad afterwards. Burlingham interviewed dozens of owners who had exited. The ones who were content had usually started preparing three to eight...
by johnireland | Articles
For decades, Business Property Relief was the quiet reason many family companies passed from one generation to the next without being broken up. Qualifying business assets attracted 100% relief from Inheritance Tax. The value did not matter. A trading company worth...
by johnireland | Articles
An owner agrees to sell for four million pounds and tells everybody the business sold for four million pounds. What completes on the day is two and a half million. The rest depends on profits over the following three years, calculated in a way that takes four pages of...