Capital Taxes are an important factor to consider in any acquisition or disposal of assets. This may be in the form of Capital Gains Tax or inheritance tax.
As with all business and tax matters, careful planning in advance can protect or secure relief. This ensures you receive the best outcome from any transaction.
We are often asked about one of the most valuable tax reliefs available: Entrepreneurs Relief. This can often be assumed when selling a business without proper reference to qualifying rules and the impact of non-business assets.
Business Property Relief
Considering the possible Inheritance Tax liability arising on an estate is an important factor in future planning. You can benefit from business property relief in respect of your assets and can have a positive material impact on the value to be inherited.
Present and future
We work with business owners on day-to-day capital transactions in the business such as property sales, goodwill acquisition/disposal etc. We also help with retirement and death planning for the owner to help ensure the best outcomes.
Get in touch to ensure you fully understand your capital taxes.