Is it time to sell your business?
Selling a business is a major decision that requires careful planning, as it could involve significant financial implications for the seller.
In this episode, Leonora and Mike are joined by Jenny Serridge, a director in our corporate finance team, and Adam Kay, a partner in our transactions tax department. If you’re thinking about selling your business, the team provide insights on the entire sale process from both the corporate perspective and the personal tax side, including:
- The importance of pre-sale planning and understanding your valuation at an early stage in the transaction timeline,
- How we can help navigate the complexities of available tax reliefs, such as Business Asset Disposal Relief (BADR) or Investors’ Relief, and
- Practical points to keep in mind – including why fancy dress is never off the table, even when it comes to finalising a deal.
Please note: this episode was recorded prior to the October Budget, which is due to be announced on 30 October. Please bear this in mind when listening to the episode after this date.