Owner-Managed Businesses Guidance

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Sale & acquisition of a business

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Latest Guidance
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28 Jun 2019

The accurate valuation of the company’s assets and shareholdings may be required for commercial reasons, for example as a measure to evaluate the price offered for the...

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28 Jun 2019

For unquoted trading companies only, the amount received by a shareholder on selling his shares back to the company may be treated as capital, rather than as a...

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28 Jun 2019

This guidance summarises the factors to take into account on the transfer of business premises as part of a trade and asset sale.FixturesBuildings usually contain...

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28 Jun 2019

There are three main types of clearances available:•statutory clearances•non-statutory clearances, and•statutory approvalsStatutory clearancesStatutory clearances are...

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28 Jun 2019

Payments by companies to repurchase their own shares are subject either to what is referred to as 'income treatment' or to 'capital treatment'.If the payment is subject...

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28 Jun 2019

IntroductionThe transactions in securities (TiS) legislation gives HMRC power to issue a notice of counteraction in respect of a tax advantage arising from specified...

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28 Jun 2019

Rollover relief, or ‘replacement of business assets’ relief, allows a trader to defer the payment of capital gains tax when he sells a business asset and replaces it with...

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28 Jun 2019

Retaining assets to provide incomeThe proprietor may choose to retain the business premises and grant a lease to the purchaser.In overview, the main considerations for a...

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28 Jun 2019

Investors’ relief is a capital gains tax (CGT) relief on the disposal of qualifying shares in an unlisted company. A taxpayer making a disposal that qualifies for...

OMB_tax_img8
28 Jun 2019

In certain circumstances the statutory demerger route may not be available. For example:•the company does not have sufficient distributable reserves•there are plans to...

Latest Guidance
OMB_tax_img2
Owner Managed Business

The accurate valuation of the company’s assets and shareholdings may be required for commercial reasons, for example as a measure to evaluate the price offered for the...

OMB_tax_img7
Owner Managed Business

For unquoted trading companies only, the amount received by a shareholder on selling his shares back to the company may be treated as capital, rather than as a...

OMB_tax_img6
Owner Managed Business

This guidance summarises the factors to take into account on the transfer of business premises as part of a trade and asset sale.FixturesBuildings usually contain...

OMB_tax_img4
Owner Managed Business

There are three main types of clearances available:•statutory clearances•non-statutory clearances, and•statutory approvalsStatutory clearancesStatutory clearances are...

OMB_tax_img
Owner Managed Business

Payments by companies to repurchase their own shares are subject either to what is referred to as 'income treatment' or to 'capital treatment'.If the payment is subject...

OMB_tax_img5
Owner Managed Business

IntroductionThe transactions in securities (TiS) legislation gives HMRC power to issue a notice of counteraction in respect of a tax advantage arising from specified...

OMB_tax_img3
Owner Managed Business

Rollover relief, or ‘replacement of business assets’ relief, allows a trader to defer the payment of capital gains tax when he sells a business asset and replaces it with...

OMB_tax_img6
Owner Managed Business

Retaining assets to provide incomeThe proprietor may choose to retain the business premises and grant a lease to the purchaser.In overview, the main considerations for a...

OMB_tax_img4
Owner Managed Business

Investors’ relief is a capital gains tax (CGT) relief on the disposal of qualifying shares in an unlisted company. A taxpayer making a disposal that qualifies for...

OMB_tax_img8
Owner Managed Business

In certain circumstances the statutory demerger route may not be available. For example:•the company does not have sufficient distributable reserves•there are plans to...