Post by KPMG Ireland

KPMG was proud to sponsor the Belfast Chamber Succession and Estate Planning Dinner, which brought family businesses together to explore growth, transition and exit planning. Susan Smyth, Tax Director at KPMG, shared expert insights on tax and succession planning alongside Rodney Lowry, Founder of Lowe's Companies, Inc. Rodney spoke candidly about his journey from a local SME to a global business, including the realities of a management buyout and an eventual sale. Susan highlighted the importance of planning well in advance of an exit, particularly how objectives and risk profiles evolve once business equity is converted into cash. She also outlined the potential role of trusts and family investment companies, as well as the practical implications of recent UK Budget changes to Inheritance Tax and Business Property Relief for family‑owned businesses. A thought provoking discussion underscoring a clear message: early, informed planning is critical to protecting value, legacy and long term success. Read about the latest Tax changes here: https://lnkd.in/dQx6Kzwp Marie Ireland | Susan Smyth | Rodney Lowry | Clare Guinness CDir