Capital Gains Tax hike on the way?
Should you consider accelerating your business disposal to capture the current rates of Capital Gains Tax?
Should you consider accelerating your business disposal to capture the current rates of Capital Gains Tax?
Understanding the dos and don’ts of demergers is vital. Demergers are complicated in terms of tax technical input, but done correctly the tax savings should significantly outweigh the costs.
Craig Simpson, Tax partner at Bates Weston explains how HMRC clearances work, and when and why you might need them.
HMRC are consulting on the tax treatment of Employee Ownership Trusts – an increasingly popular alternative to trade sale or Management Buy Out for business owners. Richard Coombs, Tax Partner at Bates Weston, considers HMRC’s proposals.
What are your options when selling your company? Discuss Trade Sale, Management Buyout, Family Buyout or an Employee Ownership Trust as possible exit routes with your tax advisor as early as you can.
Bates Weston’s tax team update and co-author Tolley’s Tax Planning for Owner Managed Businesses 2020-21.