How Barnes Roffe can help

How we can help

After years of hard work building your business, handing over the reins can be a daunting stage to go through. Whether you’re selling, passing on to family, or considering an MBO, you need to make your plans ahead of time.

When selling a business, there are numerous tax opportunities as well as potential tax pitfalls. Planning is crucial to ensure you do not face either a hefty corporate or personal tax bill.

As part of any transaction, we will work with you to assess and advise on all aspects of tax planning. We will review the tax implications both for the company and for the individuals concerned. We look for ways of minimising your tax exposure and making the whole transaction as tax efficient as possible.

Tax planning for a large transaction can be fraught with pitfalls, so, the more informed and prepared you are early in the process, the greater the likelihood of achieving your financial goals.

Barnes Roffe business sale and business acquisition tax planning

If you’re selling a business, our tax planning services include:

Advising on deal structure to maximise tax efficiency
Advising on the tax implications of deal terms
Tax planning to minimise tax liabilities both pre and post-transaction
Drafting and obtaining clearances from HMRC
Reviewing tax warranties and the tax deed

Beware of trying to handle the entire process yourself. Exiting your business in the best way and maximising your return on exit can be a long and complicated process. If you try and do it yourself, it could have a negative impact on the money you exit with, your family's future, your business performance and your own wellbeing.

At Barnes Roffe, we take the heavy lifting off your exit planning. We have a dedicated team that focuses purely on these types of events.

Our specialist tax team works in collaboration with our corporate finance team to ensure your exit is structured and carried out in the most tax efficient way.

We have experience with various tax strategies including restructuring, business asset disposal relief, remuneration planning, share option schemes, CGT planning and IHT planning. Our excellent reputation and strong tax expertise will ensure you get the best possible tax advice for your exit plan.

How we can help

Barnes Roffe support business owners from all sectors throughout their exit planning and sale process including:

Succession planning advice and support
Creating your exit strategy
Advice on increasing business value
Business valuation
Business sale
Tax planning
Identifying and approaching potential buyers
Management buyout support
Employee Ownership Trust
Trusts and IHT planning

For more help and advice, contact us today.

PLEASE NOTE:

By the very nature of this type of information the details of tax law might have changed since they were published, so contact Barnes Roffe or your own accountant before acting on any matter contained in these documents.