We will look at the tax considerations of transferring your business to a company. The main points we will cover are Goodwill. Is there any? Sell your business for shares Sell your business for cash Potential Tax reliefs Other considerations Summary Goodwill. Is there any? Goodwill. You sell your business to a third party and
We will look at 5 Tax benefits for 2022 and 2023 for employees and business owners. Some come into effect now and others will kick in in 2023. Our main focus will be on Increase in the lower rate band Increase in tax credits Rent Tax Credit USC – increase in 2% band Small Benefit
Last week we discussed further about owning property in a company. If you missed that Read here. This week we are going to discuss some business strategy. We would hope to get a number of these posts out in the coming weeks. They will offer plenty food for though for business owners in the SME
These are also called “golden handshakes” or ex-gratia lump sums. It is an area that can sometimes be forgotten by accountants when advising their clients and can be useful as part of the overall planning exercise when an employee or company director is ceasing employment. This could be at retirement, on a business sale or
We are back with our blog series on business exit planning on what is a gorgeous sunny day out there, even though it is a Monday. Elections are over and while we know most of the people that got in we are still waiting on the results of the European and mayoral one. Never do
