Selling your business

Tax advice is crucial when you are preparing to sell your business. The earlier you talk to us, the better.

You have likely spent years building up your business. When the time is right to sell it, the tax implications of the transaction, for you and the ongoing business should be a central consideration.

Our advice is practical, commercial and aimed at securing your Business Asset Disposal Relief 10% capital gain. We can also deal with HMRC clearance applications to ensure anti-avoidance legislation does not bite you later.

It is vital to talk to us well in advance of a sale to ensure you do qualify for all the tax reliefs available and that we discuss the flow of funds and potential Inheritance Tax considerations. We will help you to understand and plan for the consequences of moving from a tax favoured asset  – trading company shares – to the cash proceeds of your sale.

Your business structure is also key to your tax position. Giving us an understanding of what you might be selling and when will help us unravel any pre-sale restructuring required to ensure you receive the proceeds personally with the tax breaks designed for Entrepreneurs.

If you are thinking of selling your business, get in touch, without obligation, to see how we can help. And if you need help to find a buyer and manage the transaction, talk to our experienced Corporate Finance team.

This guidance is generic in nature and does not constitute advice. You should take no action based upon it without consulting ourselves or your own professional advisor.