Talk to the Taxperts

01382 312100

Have You Considered What You Are Selling?

No business is straightforward, meaning there are a series of challenges in any business sale. Clarity at the outset over what you intend to sell is critical to ensuring the sale process goes as smoothly as possible.

So, what are the possibilities:

  1. Selling all of your business

If you are selling the whole business, be clear whether you are selling the trade and assets, including goodwill or perhaps the entire share capital. Risk, taxation, cost and simplicity may all be factors in the decision.

  1. Selling part of the business

Your business may have multiple facets and you may only wish to sell part, for example:

  • A non-performing division
  • A geographically awkward part of the business
  • A non-core activity
  • A disparate service line
  • Or because that’s all the purchaser wants

What is our role?

Our Taxperts and Corporate Finance specialists will help you to decide what and how you wish to sell in order to avoid wasted time and effort. We can help ensure that your business is set up correctly and has the appropriate structure to accommodate the intended sale, and to ensure possible tax costs are minimised.

If you are thinking of selling your business and would like to discuss your circumstances with sector leading experts, then please contact our Transaction Tax team today.

You can read our advice on ‘Who are you selling your business to’ here.

Latest News

View all latest news

March 15, 2024

Final opportunity – Urgent planning deadline for the transition to the ‘tax year basis’

Speed read Any individual who is a sole trader or partner in a trading or professional partnership will be taxed under the new ‘tax year basis’, which means…

February 29, 2024

Tax Planning Tips Ahead Of The New Tax Year

With the end of the financial year drawing close, now is the time to evaluate your tax position for the year to 5 April 2024 to ensure that…

Download our EQ app and keep up to date with tax news, changes and have access to our EQ Portal, tax calculators and key tax dates at your fingertips. Click on the relevant button on your device to download our free app.

Visit EQ Accountants Visit EQ Accountants

Explore the full range of EQ Expertise