WTT WealthWealth planning focuses on structuring and building your wealth in order to transfer it to the next generation in a tax efficient manner. It is a combination of tax planning, wealth protection, estate planning and business succession planning.
High Value Asset Purchase
For the lucky few, the opportunity comes along to own something extravagant. That will mean different things for different people – yachts moored in Monaco, a holiday home in Cyprus or a classic car. Regardless of size of the purchase the same questions need to be asked. Do I buy outright or finance? What are the tax consequences? Do I intend to pass the asset down the generations or is it an investment? Only once you fully understand the implications of your purchase can you understand the best way to deal with such an important asset.
At WTT we can help you to reach that understanding and advise you on the acquisition. This can include the most efficient tax structure, as well as introducing you to finance brokers or leasing specialists who deal in such assets. We can also help with negotiations and once the asset is purchased, the ongoing management and annual reviews where required.
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WTT really is a life line in what can only be described as a nightmare situation. I know there will be more brown envelopes dropping through the door, but I have faith that WTT will come through with the settlement.