Jane Whitfield considers if a charity is allowed to provide financial support to its trading company if the company is struggling and, if so, whether a charity should go down that path. One of the effects of COVID19 has been the dramatic fall in income for almost every company in the country that relies on…
If you own and manage a family-owned business, then understandably the vast majority of your time will be spent ensuring that your business runs well and is profitable. This is inevitably a demanding task, so it is perfectly understandable that some significant tax considerations risk being overlooked. The way that family-owned businesses are taxed is…