The Tax Implications of Incorporating an OMB

Introduction

This webinar will explore the key tax considerations that arise when transferring an unincorporated business to a limited company and will assess whether incorporation remains a worthwhile strategy for owner-managed businesses (OMBs) in the current environment.

Expert speaker Russell Cockburn will examine the capital gains tax implications of incorporation, including available reliefs and common pitfalls, along with the stamp duty land tax issues that may arise when property is transferred. The webinar will also cover the income tax and national insurance consequences for business owners and employees, as well as the potential inheritance tax position in light of the proposed changes to Business Property Relief.

The webinar will review the corporation tax landscape following the 2023 rate changes and highlight key considerations and potential tax traps for close companies. In addition to these tax matters, it will also touch on the legal responsibilities assumed by company directors and the sanctions that may be imposed under the Companies Act 2006.

By attending this webinar, you will gain practical insights to help you form a balanced and up-to-date view on whether incorporation remains the right course of action for your clients.

What You Will Learn

This webinar will cover the following:

• The process of incorporation
• Incorporation in exchange for shares
• Incorporation using hold-over relief
• Timing issues and capital allowances
• Share and asset ownership structure
• Income tax
• National Insurance
• Capital Tax
• IHT and Business Property Relief after April 2026
• Property and investment companies

This pre-recorded webinar will be available to view from Wednesday 18th February 2026

Alternatively, you can gain access to this webinar and 1,800+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.