Protecting value: post transaction planning
Neil Simpson, Tax Partner at haysmacintyre is featured in this month’s Business Matters magazine, discussing protecting the value realised on the sale of a business. Business Matters magazine is a leading UK SME business magazine.
In this article Neil highlights the tax considerations, which feature at each stage throughout the process of selling a business and even after a successful exit. Helping readers to understand the intricacies of deferring gains, accessing the entrepreneur’s relief rate of capital gains and important earn-out considerations.
“The sale of a business is a process with a time line. The planning and preparation required for such a sale may focus on different aspects of the business and its ownership dependent upon where the business is on that time line. However, each builds on the other and a successful outcome depends upon successfully addressing each phase in turn,” said Neil.
As this article demonstrates UK tax laws are numerous, complicated and constantly changing, which makes managing your tax affairs when exiting a business difficult and demanding. haysmacintyre are experts in this field and can help you to ensure your tax liabilities are minimised and your value is protected in the process.
Read the full article on the Business Matters website here.
If you would like to discuss any issues discussed in this article please get in touch with your usual haysmacintyre contact.