Wealth
The Chancellor laid out a supportive package of measures to help businesses, while having one eye on a longer-term plan to balance public finances. Despite recent speculation about changes to Inheritance Tax, Capital Gains Tax, and the introduction of a Wealth Tax, the current thresholds have been maintained for the time being.
Family offices can act as reliable providers of direct company equity and debt funding to successful private businesses who are finding it difficult to find sustainable sources of efficiently priced capital from institutional providers currently caught up with responding to Covid liquidity requirements for public companies and governmental agencies.
While 2021 has started not unlike how much of 2020 played out, with Covid-19 infections continuing to spread and many countries reimplementing lockdown measures, the approval and rollout of various vaccines to combat the coronavirus has been an undeniable game-changer for markets. It's provided a clearer road map for a return to some form of normality, although the path ahead is still likely to remain bumpy, with continued uncertainties in the offing.
A Canadian next-generation entrepreneur says more families are investing sustainably in forestry to achieve their impact goals and for the long-term inflation-proof returns of timber as an asset in their portfolios.
ESG has been at the heart of the investment process of Amundi’s corporate private debt funds since 2014. Integrating ESG into private debt is part of Amundi's strategy to be a leading asset manager in ESG.
Now that the Office of Tax Simplification has completed its reviews into both Capital Gains Tax and Inheritance Tax, some of the key recommendations could have a lasting impact on the way family businesses deal with succession.
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