Family Businesses
Tailored Accounting and Tax Solutions

At Rushtons, we take pride in our specialised services for family businesses. Our expertise is deeply rooted in understanding the unique financial dynamics and intricacies that family-run enterprises encounter. As a family business ourselves, we not only offer professional advice but also a deep empathy and understanding of the challenges and opportunities specific to family businesses.

Our Core Services for Family Businesses:

  • Specialised Accounting Services:
    • Comprehensive accounting solutions tailored to the specific needs of family businesses.
    • Detailed financial reporting to help you make informed decisions for your business’s growth and sustainability.
  • Tax Planning and Compliance:
    • Expert advice on UK Tax and Accounting Legislation, ensuring full compliance while maximising tax efficiency.
    • Customised tax planning strategies, particularly for multi-generational family businesses, ensuring a smooth and tax-efficient succession.
  • Family Tax Planning:
    • Specialised tax planning for family members involved in the business, including spouses and children.
    • Strategies to optimise income distribution among family members to reduce the overall tax burden.
  • SSAS Pension Schemes:
    • Guidance on Small Self-Administered Schemes (SSAS) for family business owners, offering a flexible and tax-efficient way to plan for retirement.
    • Assistance in setting up and managing SSAS, tailored to the specific needs of your family business.
  • Family Trusts and Holding Companies:
    • Expertise in the formation and management of family trusts and holding companies.
    • Strategic advice on how to best utilise these structures for tax efficiency, asset protection, and succession planning.

Why Rushtons?

  • Understanding Your Business: We take the time to understand the unique aspects of your family business, ensuring our advice is tailored to your specific needs.
  • Personalised Service: Our long-standing team offers a personalised approach, recognising that each family business has its own culture, dynamics, and aspirations.
  • Long-Term Partnership: We seek to build lasting relationships, supporting your business through its various stages of growth and transition.
  • Expert Knowledge: With our expertise in UK Tax and Accounting Legislation, we provide sound, professional advice to navigate the complex financial landscape.
  • Family Focus: Understanding the dynamics of family businesses, we offer solutions that respect both the business’s objectives and the family’s values.

At Rushtons, we understand that your family business isn’t just a business; it’s a part of your family’s legacy. We are committed to helping you preserve and grow that legacy through expert accounting, tax, and financial guidance.

“We have grown up around Rushtons as our family business, as many of our clients have done with theirs. The responsibility of continuing a successful family business is a privilege but can also come with many challenges.

Our father dedicated over 40 years to growing Rushtons into the practice it is today and we hope to continue to uphold the work ethic, values and integrity which he taught us. Despite his retirement, he still gets invited to the Christmas party!”

Chris Calvert, 2nd Generation Family Business Owner of Rushtons Chartered Accountants

If you would like to discuss your family business or tax planning in more detail, please contact Chris or Adam Calvert on:

01772 693111 or adamc@rushtonsaccountants.com

01253 345444 or chrisc@rushtonsaccounts.com