Worldwide Finance Awards 2024, Acquisition International | 25 Property Tax Advisory of the Year 2024 – UK resham Street Partners was incorporated in 1989 in Hong Kong, under its original trading name of Coleridge Cole and Robertson (HK) Limited. Then, the company specialised in facilitating Offshore Trust Services for the specific provisions of QNUPS and QROPS. The firm’s founder, Christopher Coleridge Cole is an industry expert, with over 50 years of experience in the financial planning industry. Over two decades of his experience were spent in East Asia, followed by six years in Dubai, then three years in Geneva. An expert adviser to expatriates across the world, Christopher specialises in transferring UK pensions out of Britain into registered trusts in Guernsey, business continuity planning with a focus on Key Man insurance and business continuity planning for corporations, shareholder protection, Buy & Sell agreements, corporate governance, and risk management advice. Since returning to the UK, Christopher has set his focus on restructuring property landlord investments and is leveraging his extensive experience to do so. “There is a multitude of finance available for the landlord,” Christopher tells us. “The mortgage industry, the peripheral lenders, and the secondary banks all have ample funds to lend. They all realise the necessity of lending to landlords in companies, as well. The problem is that their rates are far too high at the moment, and with all the tax implications, there is no way that the landlord running a property rental business in his own name, can begin to balance the books.” Gresham Street Partners offers its clients expert tax planning services for property owners, specially tailored to suit their diverse needs. For clients with existing property portfolio containing significant capital gains, the firm offers a complimentary service that educates the client on how a Limited Liability Partnership structure can be effectively used for tax planning. Through this approach, Gresham Street Partners can address tax challenges related to rental income and capital gains. For existing Buy-to-Let landlords, Gresham Street Partners will facilitate a legitimate, HMRC-compliant process that involves transferring the client’s property portfolio into a company. This service allows clients to benefit from a 19-25% tax rate on their rental income with full expense deductibility. What sets Gresham Street Partners apart from its competitors is its ability to look outside the box and create four major selling factors for its clients that are not offered anywhere else on the market. Firstly, the firm reduces its clients’ income tax to corporation tax, allowing them to offset all their expenses, including debt, as a business expense. Secondly, Gresham Street Partners can wipe the slate clean of all existing capital gains tax that may have accumulated over years of property ownership. In addition to this, Christopher’s strength as a trustee allows the firm to protect its client’s portfolio completely from inheritance tax, a feat that is not available elsewhere on the market. Because of the way Gresham Street Partners restructure clients’ portfolios, the firm can help them extract their entire Net Asset Value from the company, entirely tax free to them. The finance industry is a competitive environment, and Gresham Street Partners are able to stay ahead of the curve due to its unique selling factors. Another key factor in becoming a market leader is working alongside other professionals, who can lend expert knowledge and advice. “I work with one of the leading specialist tax planning accountancy firms in the country,” says Christopher. “Based in Harrow, they are way into the top 20 tax planning accountancy practices. They are brilliant brains, led by David White, who is superb at helping landlords understand the predicament they face, and Raj Jiwani, who is in my opinion one of the most astute tax planning accountants in the business.” Looking at the firm’s excellent results in recent years, even reaching a turnover of more than 200% in 2023, it is clear that Christopher has successfully steered Gresham Street Partners to great levels of success. We look forward to witnessing the remarkable future of Gresham Street Partners, a firm that has deservedly been named the Property Tax Advisory of the Year 2024 – UK. Contact: Christopher Coleridge Cole Company: Gresham Street Partners Web Address: https://www.greshamstreet.com 2023 was a year of financial instability for many, including landlords across the UK. As we continue through 2024, the market continues to progress for the better, yet many are still feeling uncertain in the wake of the previous year. Landlords are seeking guidance from expert companies such as Gresham Street Partners, who specialises in tax planning and property ownership strategies. Here, we speak with the company’s Managing Partner and Founder, Christoper Coleridge Cole. G
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