Tax Aspects of Buying & Selling SMEs
There is a myriad of tax issues and different taxes to consider when advising on either the sale or purchase of an SME or its business. Whether you are acting/advising in the purchase or sale of a family business or private company getting the tax right is one of the key essential elements.
This seminar will give you all the latest thinking on this thorny subject. Delegates will gain a deeper understanding of the various aspects of and different methods of sales and purchases. A series of examples will enable you to get to grips with the risks involved in advising clients in these circumstances.
What You Will Learn
The sale and purchase process: the crucial tax issues.
Structuring the contract: horror stories from tax cases.
Sale of assets or sale of business?
- Allocation of consideration
- VAT and TOGCs
- Cash, shares or loan note?
- Deferred consideration
- Entrepreneurs' relief and its interaction with types of consideration
- Substantial shareholding exemption on sale of a subsidiary
- Company losses
- De-grouping charges
- Secondary liabilities
Dealing with debt
- Buying or waiving debt as part of the sale process
Please let us know if you wish to be notified when new dates are added for this programme