Susan is a solicitor and chartered tax adviser in the private wealth team at BDB Pitmans. She advises on capital taxes particularly in relation to succession planning for UK and non UK domiciled individuals. Susan also advises trustees on their fiduciary duties and UK taxation and has particular experience in advising clients on tax issues relating to art and heritage property.
Richard Branson has offered his home, Necker Island, as security to the UK Government, in the hope of obtaining a £500 million loan to support Virgin Atlantic through the coronavirus crisis. Many business owners, and other individuals, around the UK will need to source funding at this time, but may be unable or unwilling to mortgage their home. They may therefore be looking at what other forms of collateral they might offer to lenders.
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