Accountants for Family Businesses. Protecting Your Wealth & Legacy
Running a family-owned business is different from any other venture. It’s about more than numbers, it’s about protecting your family’s wealth, relationships, and future. At Lanop Business & Tax Advisors, our specialist family business accountants understand these challenges. We help you manage both business and personal finances with confidence, offering clear strategies that reduce taxes, avoid disputes, and prepare your company for the next generation. With tailored accounting advice for family enterprises, we ensure your operations run smoothly while your legacy is safeguarded.

Why You need Smart Family Business Accountants
- Choosing the right accountants for family businesses means finding partners who understand the blend of family and commercial priorities. At Lanop, we bridge the gap, delivering professional expertise with a personal touch.Shape
Secure Tax Efficiency

- Our family business accountants specialise in reducing corporation, inheritance, and dividend tax liabilities while protecting wealth for future generations.
Streamline Finances

- From payroll to management accounts, we introduce clear financial systems that separate personal and business spending, avoiding conflict and confusion.
Plan for the Future

- With succession planning, trusts, and tailored accounting advice for family firms, we ensure your business thrives beyond today.

What Accounting Services We Offer
We offer extensive family business accounting services designed and tailored specifically according to the unique needs of each client. Here are a few of our services
We maintain accurate records that separate family finances from business activity, ensuring clear reporting, compliance, and visibility on profits.
Professional payroll management for both family and non-family employees, keeping you compliant and avoiding disputes over salaries and benefits.
We handle VAT returns and HMRC communication, reducing admin stress while preventing penalties that can damage both business and family reputation.
Our accountants for family businesses optimise corporate, dividend, and inheritance tax using proven reliefs such as Business Property Relief (BPR).
We prepare smooth ownership transitions, protecting both heirs and the company from heavy tax burdens and potential disputes.
Secure business assets through family trusts and wealth preservation strategies designed to maintain control and minimise tax.
Whether Limited, LLP, or Partnership, we advise on the most tax-efficient structure for your family business.
Who We Help
- Family-run SMEs across the UK
- Multi-generational businesses passing wealth to heirs
- Property-owning families managing rental portfolios
- Professional family practices (law, medical, consultancy)


Succession Planning by Expert Family Business Accountants
Passing on a business to the next generation can be emotional and complex. Without proper planning, succession often triggers high inheritance tax, loss of control, or disputes between siblings. Our family business accountants design succession plans that protect both financial assets and family harmony. We understand the needs of the family first and then make the decisions.
We use Business Property Relief (BPR), family trusts, and lifetime gifting to reduce tax exposure, while creating structures that give clarity on ownership and roles. For example, we often set up governance frameworks where decision-making is shared fairly, avoiding misunderstandings. We have experience in managing family disputes and we build long-term relationships with these families, so everything is fair.
Succession planning is about more than tax, it’s about ensuring the people you’ve built the business with can continue running it successfully. That’s why our accounting advice for family firms includes not just financial strategies but also practical steps for leadership transitions. With Lanop, you’ll feel confident your business is secure, and your family is prepared for the future no matter what the situation.
Challenges They Face
- No clear succession plan
- Exposure to inheritance tax
- Family disputes over leadership
- Lack of governance structures
- Fear of losing business continuity


Inheritance Tax & Wealth Preservation
Inheritance Tax (IHT) is one of the biggest threats to family wealth. Without planning, HMRC can claim up to 40% of your estate, leaving families struggling to keep control of their business.
At Lanop, our accountants for family businesses design proactive tax strategies that protect wealth. We use reliefs like BPR, alongside carefully structured trusts and lifetime gifts, to ensure maximum value stays within the family. We also integrate personal and corporate tax planning, since most family businesses blur the lines between personal wealth and business ownership. We have accountants who are expert in minimizing your tax liabilities and ensuring that your retained earnings are maximized. You’ll be taking home more than 20% than before because at Lanop, we’re all about maximizing our client’s business value and their personal estate.
Our approach is clear: we minimise tax without compromising compliance, while ensuring assets are passed down smoothly. With our family business accountants by your side, you won’t face nasty surprises when it matters most. We plan everything from end-to-end and take feedback of your key family members who are important in business decisions.
Challenges They Face
- High inheritance tax bills
- Confusion over reliefs and trusts
- Worry about losing family assets
- Uncertainty in wealth transfer
- Lack of holistic personal + business planning


Professionalising Operations and Smart Accounting Advice for Family
Many family businesses grow organically. What starts small becomes a large enterprise, but without professional systems, growth stalls. Outdated processes often mean poor financial visibility and disagreements within the family.
Our family business accountants bring clarity by modernising operations. We introduce cloud-based tools like Xero or QuickBooks, deliver monthly management accounts, and set KPIs that track performance. This level of reporting reduces dependency on one family member and allows everyone to see accurate, fair financial data. So, everything is clear for your whole family. All they need is access and they will get all the transparency they require.
Our accounting advice for family firms goes beyond software, we also help implement governance systems, separating family salaries from business profits, and preparing the company for outside investors or a future sale. We help you scale and plan your business continuity. So you don’t have to worry that your business would shut down if you’re no longer there.
Professionalising your business not only improves day-to-day efficiency but also increases valuation, reduces stress, and strengthens family trust. It will improve your workers’ productivity and boost their confidence.
Award Winning Accountancy Firm in the UK
EXCELLENT Based on 114 reviews E B2025-08-15 Very happy to recommend Lanop accountants at 389 Upper Richmond Road. They were very communicative, helpful and efficient. Diamantino2025-07-09 I am a new owner to a company and they have really helped in supporting me in the startup of my business Gurmehar Bhasin2025-07-01 Excellent service, timely delivery, and response are a few words that describe Lanop tax advisors at best. I had seamless communication with Florentina, and Sohaib. They both accommodated me well and it was a hassle free experience overall. Quick resolution too! Highly recommend their services. Craig Henderson2025-02-19 I have been using Lanop Business and Tax Advisors for many years now. They have always been helpful when I needed to lean on them for advise and their services. Highly recommend. Sarah-Ann Norris2025-02-14 Have been using Lanop for the last couple of years to support me with my personal & business accounts. What I really appreciate is their patience due to my lack of knowledge & tech skills. Highly recommend! Sun Star2025-01-22 Very professional and patient account taking my first business into a safe journey. Christopher Molloy2024-11-04 I’ve been using Lanop Accountants for 5 years now, I could not recommend them enough. The team are so professional, very helpful and so easy to work with. Zaib, Kai & Zohaib just to name a few are amazing and always on call to help. Fantastic company. Exceptional service. Thanks guys!! Kenhan Dawood2024-10-09 I am over the moon with my accountancy services, Lanop has been a star dealing with my self assessment and VAT registration accordingly and does well to keep in the loop always. I would highly recommend Lanop Accounting you will not regret it!! Hernan Bresani Devotto2024-10-04 Very good service. The tax advisor I spoke with was very kind and gave me all the information I needed. Liv Ravden2024-10-03 Extremley helpful and kind with getting my tax affairs up to date . Definitely recommend!Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more
Our Identity
Integrity, honesty, and dedication are the core values at Lanop Business & Tax Advisors. Since launching our first Putney office in 2010, we’ve grown into a fully digital, UK‑based accounting and tax advisory firm that blends expert compliance with forward‑looking guidance and business strategy.
Our team of specialized chartered tax advisors and accountants delivers a full spectrum of services including tax planning, bookkeeping, VAT, payroll, and virtual finance director support all designed to help you manage your business more efficiently and confidently.
We believe accounting is more than numbers it’s about empowering your journey through modern finance. That means applying strategic insight, breaking down complex financial processes, and acting as your trusted partner not just submitting filings.
Put simply, Lanop Business & Tax Advisors is more than an accounting firm we are your strategic ally, dedicated to guiding your financial success with integrity, precision,

FAQ
Accountants for fAMILY BUSINESS
Do family businesses need specialist accountants, and can they help with succession planning?
Yes. Unlike ordinary firms, family businesses face unique tax, governance, and succession issues. Our accountants for family businesses provide integrated advice covering both personal and corporate finances, ensuring compliance and protecting wealth. We design ownership transfer strategies, reduce tax via BPR relief, and create governance systems to avoid disputes. With expert accounting advice for family firms, transitions become smoother and tax efficient.
What taxes affect family businesses most?
Corporation tax, dividend tax, inheritance tax, and capital gains are the biggest concerns. Our family business accountants develop holistic strategies that minimise exposure across both business and personal finances.
Can you separate personal and business finances and what’s the best business structure for family firms?
Yes. We implement clear systems that keep household finances apart from business operations, ensuring better reporting, fewer disputes, and accurate profit tracking.
The structuring depends on your goals. Limited companies often provide protection, while LLPs or partnerships may suit others. Our accountants for family businesses advise on the most tax-efficient structure.
How do you reduce inheritance tax for family businesses and how do you handle payroll & pensions for family employees?
By using trusts, lifetime gifts, and reliefs like BPR. Early planning is key. Our family business accountants ensure wealth passes securely and tax bills are minimised.
We manage payroll for both family and non-family employees, keeping you compliant with HMRC while ensuring fair, transparent salary structures.
What’s the benefit of family trusts and how can you prevent family disputes over money?
Trusts protect assets, provide control over how wealth is distributed, and reduce inheritance tax liability. We include trust in our accounting advice for family clients. We set up governance systems, produce clear financial reports, and ensure fairness in salaries and dividends—reducing causes of conflict.
Why choose Lanop over general accountants?
We’re specialists in family businesses, offering tailored advice that balances business goals with family harmony. Our accountants for family businesses deliver peace of mind and long-term security.