Understanding the tax planning opportunities and avoiding tax traps and pitfalls is at the core of all our planning and reconstruction work. We offer integrated tax advice in respect to the acquisition and disposal of businesses but in addition we offer a further range of specialist tax advice.
Having successfully developed a trading business, most entrepreneurs will want to look to succession planning where an outright sale is not in contemplation. Often this involves transferring shares to management in phases to facilitate a subsequent management buyout or similar.
Using tax approved share options can be an excellent first stage and where tax approved share options are not available the use of flowering shares or similar to lock in and motivate without an immediate tax charge can be very effective. There are a wide range of potential solutions and it is only with experience and the practical knowledge of implementation that enables us to advise on the most appropriate planning available.