Selling a Business

Updates for September 2023 including: Tax Free childcare, the effect of high earnings on child benefit entitlement, Merger of R&D Tax schemes, Income tax on Inherited Pension Funds, HMRC requiring more information from tax payers and advisory fuel rates for company cars from 1st September 2023.

Have you been put off the idea of taking a holiday or a longer sabbatical due to the demands of your business? In our latest article Mark Friend reflects on his recent sabbatical. Mark highlights the benefits of taking a break from your business and how important this is to business owners to drive growth and future success.

Frustrated with your business growth? Knowing what needs to be done and getting it done are two very different things. If you are an ambitious business owner striving for success find out how we can help you to build your business.

As your business comes to maturity thoughts often move to retirement and if possible extracting value from the sale of your successful business. One option many business owners consider is selling to their management team. For many it just feels right. It also offers a simple and flexible way to leave a business in the safe hands of individuals who fully understand the business.

It’s fair to say that business relationships usually begin with enthusiasm and passion, grow through balance and communication and endure the highs and lows of life. Sometimes, however, businesses don’t weather the storm and things come to an end. Do you have a plan?

We're often asked this question by our fast growing clients. Losing a key team member could have a major impact on your business. One solution we love is the Enterprise Management Incentive Scheme.

If you are building a business you must have an end goal. For most entrepreneurs that end goal is the wish for a pot of gold at the end of the rainbow. Hopefully we will all get there and all the effort will be worthwhile. Unfortunately someone else hopes you’ll get there too, it’s not a naughty leprechaun but someone equally as annoying, the tax man!

Good corporate governance is as crucial for SME’s as it is for large listed companies. Corporate governance refers to a set of internal policies, rules, and procedures that a company follows on a regular basis to make sure it operates in a fair, equitable, and appropriate manner.

As a company director are you looking to build a strong working relationship with a trusted advisor who will help you save tax and grow your business. If you are then why not speak to us about 5 easy tax wins which we can implement with you.