Capital Tax Planning
One of the most common issues relates to one of the most valuable tax reliefs available – Entrepreneurs Relief – which is often assumed to apply when selling a business without proper reference to qualifying rules and the impact of non-business assets.
Similarly, ensuring you can benefit from business property relief in respect of your business assets when considering the possible Inheritance Tax liability arising on an Estate makes a material impact on the value to be inherited.
We work with business owners on day-to-day capital transactions in the business (property sales, goodwill acquisition/disposal etc.), as well as retirement and death planning for the owner to help ensure the best outcomes.