Tax in Buying and Selling an SME Business

by Andrew Law

This course looks at the major taxation implications of buying and selling a business. The course will give you a better understanding of the options available to achieve the desired commercial outcome whilst minimising the tax payable.

price £75+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Ensure the success of your purchase by considering the tax implications when buying a business
  • Recognise the tax involved in selling a business, and understand entrepreneur’s relief, rollover relief and incorporation relief
  • Understand the purpose and nature of deferred consideration
  • Identify the specific taxation rules that apply when the businesses being bought and sold are companies or carried on by companies
  • Consider the challenges and tax incentives of selling company shares to employees

About the course

Buying and selling a business is a complex transaction and the tax implications for the people involved can be significant. Structuring the transaction to achieve the best taxation position is a balancing act – it requires weighing the commercial and taxation considerations and negotiating between the buyer and seller, who may be seeking different structures depending on their personal circumstances.

This course looks at the major taxation implications of buying and selling a business. The course will give you a better understanding of the options available to achieve the desired commercial outcome whilst minimising the tax payable.

Look inside

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Contents

  • Buying a business
    • The tax implications of buying and selling a business
    • What type of business are you buying?
    • Carrying on a business following purchase
    • Key issues when buying a business
    • The tax considerations from a loan financed business purchase
    • The advantages of trading as a company
    • How could the exit route influence an acquisition?
    • How to determine capital allowance claims
    • VAT implications when buying a business
  • Selling a business
    • What is a company sale?
    • Explaining asset sales
    • Tax implications when selling a business
    • How to determine capital allowance claims
    • Understanding Business Asset Disposal Relief
    • What is rollover relief?
    • Incorporation relief
  • Deferred consideration
    • What is deferred consideration?
    • How deferred consideration affects a sale
    • Understanding share-based consideration
    • Earn outs and selling a business
    • Considerations for structuring deferred consideration
  • Corporate issues
    • Reorganising corporations
    • Structuring a business prior to a sale
    • What is a hive down?
    • Buying company shares
    • Tax warranties and indemnities
    • The challenges of selling to employees
    • The tax incentives for selling to employees

Author

Andrew Law

Andrew Law has been in professional tax practice for over 30 years advising SME business on taxation matters and has advised on the sale and purchase of numerous businesses of all kinds and sizes.

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Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours800+ unitshourshours800+ unitshourshours
Access period120 days120 days12 months12+ months
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Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team’s needs
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Recommended

Why not upgrade?

Find the best way to complete your CPD

Licence

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Why not upgrade?

Find the best way to complete your CPD

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Why not upgrade?

Find the best way to complete your CPD

Licence

Recommended

All you need for this year and more.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12 months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Course

Need just a few unitshourshours?

Access to this course
Total CPD unitshourshours4 unitshourshours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs

Pick n Mix

All you need for this year's CPD.

Access to this course
Total CPD unitshourshours21 units20 hours21 hours
Access period120 days
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

Team

Keep your whole team up to date.

Access to this course
Total CPD unitshourshours800+ unitshourshours
Access period12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Exclusive news and CPD every week plus monthly webinars, all year round
Account manager on hand to support your team's needs
Learn more

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