A substantial Norfolk based residential property holding group.
Originally established in the 1990s under the now defunct Business Expansion Scheme tax break.
The group has achieved significant growth and profitability acquiring various substantial property interests.
The acquisition of the group by one of the founder shareholders.
Facilitating a tax efficient exit for a substantial number of vendor shareholders.
Structuring the group’s future operating platform to ensure commercial and succession planning objectives were satisfied.
The provision of tax advice to facilitate a tax efficient share sale for the vendor shareholders.
Advising on the purchasing structure to maximise the tax efficiency of the new group, achieving tax deferral for the continuing shareholders whilst ensuring the new group is structured to meet future inheritance tax objectives.
Dealing with HMRC in obtaining all necessary tax clearances and reviewing all legal documentation to ensure the tax objectives were fully met.