Emergency Budget Increases Gain Amount Qualifying for 10% ‘Entrepreneur’s Relief’ [22.06.2010]
As those of us, without an axe to grind (!), expected, the general increase in the rates of Capital Gains Tax has not impacted business owners considering a sale of their business. In fact, it is quite the reverse, because the Chancellor has enhanced the relief available for business owners on the gain made on selling a business from the first £2m of gains to the first £5m.
Members Voluntary Liquidation - Business Owners Tempted by the Siren Voices of Liquidators Should Think Twice [12.06.2010]
As I write this, we are days from the Coalition Government’s emergency budget as part of which the Capital Gains Tax (CGT) rules are widely expected to change. Despite several comments from key Conservative party figures to the contrary, there is continuing speculation that Entrepreneur’s Relief, by which business owners, selling their company via a share-sale, pay a lower rate of CGT, may be adversely affected.
Selling Your Business - How a Good Business Broker Approaches the Task [07.06.2010]
‘Selling your business is one thing – selling it well is quite another’. This will be one of the most important transactions you will ever undertake and the choice of adviser is critical. Don’t be tempted to do this work yourself – you will almost certainly end up receiving less and the process itself is likely to damage your own or your business’s health!
Business Valuations - How a Good Business Broker Values a Business [07.06.2010]
Business Valuations may be required for a variety of purposes in addition to the most obvious one, when the business is to be sold. Formal valuations are sometimes required for divorce and separation proceedings, inheritance tax calculations, business disputes and for many other reasons.
Legal & Technical Aspects of Selling a Business - Shares or Assets? [07.06.2010]
An important question is whether the proposed transaction should be by sale of shares or assets. From a vendor’s point of view this decision is substantially driven by tax considerations whilst from a purchaser’s point of view it is driven by risk.
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