Thinking about selling your business then think tax…..
Planning the exit your business, but have you thought about the tax consequences. By getting advice later rather than sooner can result in incurring considerable tax liabilities. So you should always plan you exit early and allow time to fully asses your position and options.
We can help you through both the sale process and structuring your exit in order to minimise your tax such as:
- Ensure you get the maximum taper relief you are entitled to
- Reviewing your asset base to identify assets which maybe classified as non-trading assets
- Having a look to ensure you satisfy the two-year qualifying period