Retaining assets to provide income

By Tolley
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The following Owner-Managed Businesses guidance note by Tolley provides comprehensive and up to date tax information covering:

  • Retaining assets to provide income
  • Retaining assets to provide income

Retaining assets to provide income

The proprietor may choose to retain the business premises and grant a lease to the purchaser.

In overview, the main considerations for a proprietor retaining business premises on disposal of a business or company are:

    More on Selling the family business: