Knowledge session ‘Prenuptial agreements, wills and business succession’

Knowledge session

It will not have escaped your notice, the business succession scheme in income tax and gift and inheritance tax is under fire. The scheme may soon be scaled down or even abolished altogether.

If in your situation a business succession is in the offing, it makes sense to consider whether it is feasible to start the process earlier, so that you can still take advantage of the current broad regulations. In doing so, however, do not lose sight of the non-tax aspects of a business succession. For example, what is the importance of your personal arrangements (prenuptial agreements and wills), whether the intended successor is already ready to take over your business and what the impact of a business succession is for the children who do not succeed you.   

Taxperience Tax Advisers and Taxperience Notary Services will be happy to update you on this topic on 6 October in our knowledge session ‘Prenuptial agreements, wills and business succession’.

Legal and tax aspects of business succession

During our knowledge session, we will use a case study to illustrate the importance of good prenuptial agreements/partnership agreements and wills, both in general and in the context of a possible future business succession.

In addition, using the same case, we will discuss the use of business succession schemes and what this means from a tax point of view. These schemes can offer many tax advantages, but time may be running out. There is a possibility that the business succession schemes in their current form will be abolished or scaled down from 1 January 2023.

Using our special software, we also provide insight into the financial benefits of being able to apply the current business succession schemes and the impact of no longer being able to apply these schemes.

The knowledge session will take place in the autumn, so any developments concerning the business succession schemes announced during Budget Day will also be discussed.

Interested?

If you are interested in attending this knowledge session, please contact Vincent van Hoek (vincent@taxperience.nl) or Minka Maas (minka@taxperience.nl) to receive the invitation.

You may already be a little further along in the intended business succession. In that case, you can of course also contact us for a personal interview. In this meeting, we will discuss your personal situation and determine together with you whether you wish to start the business succession process now and which steps can be taken to that end!