Owner-Managed Businesses Guidance

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Sale & acquisition of a business

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Latest Guidance
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27 Jun 2019

Entrepreneurs’ relief is capital gains tax (CGT) relief that allows business owners with chargeable gains on qualifying business assets to pay CGT at a rate of 10%. This...

OMB_tax_img
27 Jun 2019

A formal liquidation can be seen as an unnecessary expense when a company ceases business. This is especially true for small companies where the owners will not want to...

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27 Jun 2019

A trade and assets purchase may involve the purchase of all the relevant assets, and the assumption of liabilities, along with a trade, or alternatively specified assets...

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27 Jun 2019

Trading lossesWhen a company incurs a trading loss on or after 1 April 2017 which has not been relieved against current or preceding year profits and also has not been...

OMB_tax_img4
27 Jun 2019

Clearances under TCGA 1992, s 138In order for shareholders in a ‘paper for paper’ exchange to have some certainty as to their tax position there is a statutory clearance...

OMB_tax_img8
27 Jun 2019

IntroductionThe application of the restricted securities legislation is complex, and this guidance note summarises the key tax implications. It looks at some of the...

OMB_tax_img7
27 Jun 2019

The substantial shareholding exemption (SSE) provides a complete exemption from the liability to corporation tax on the gains generated from qualifying disposals of...

OMB_tax_img7
27 Jun 2019

This guidance note deals with the tax consequences for shareholders and companies involved in a ‘Type 1’ ‘direct’ statutory demerger. For an introduction to statutory...

OMB_tax_img8
27 Jun 2019

There are several ways a purchaser can seek protection from pre-acquisition liabilities.Due diligence is an important part of the process and aims to uncover potential...

OMB_tax_img7
27 Jun 2019

The consideration for disposal for a business will often be simply in the form of cash. However, in many cases there may also be some form of deferred consideration,...

Latest Guidance
OMB_tax_img5
Owner Managed Business

Entrepreneurs’ relief is capital gains tax (CGT) relief that allows business owners with chargeable gains on qualifying business assets to pay CGT at a rate of 10%. This...

OMB_tax_img
Owner Managed Business

A formal liquidation can be seen as an unnecessary expense when a company ceases business. This is especially true for small companies where the owners will not want to...

OMB_tax_img2
Owner Managed Business

A trade and assets purchase may involve the purchase of all the relevant assets, and the assumption of liabilities, along with a trade, or alternatively specified assets...

OMB_tax_img6
Owner Managed Business

Trading lossesWhen a company incurs a trading loss on or after 1 April 2017 which has not been relieved against current or preceding year profits and also has not been...

OMB_tax_img4
Owner Managed Business

Clearances under TCGA 1992, s 138In order for shareholders in a ‘paper for paper’ exchange to have some certainty as to their tax position there is a statutory clearance...

OMB_tax_img8
Owner Managed Business

IntroductionThe application of the restricted securities legislation is complex, and this guidance note summarises the key tax implications. It looks at some of the...

OMB_tax_img7
Owner Managed Business

The substantial shareholding exemption (SSE) provides a complete exemption from the liability to corporation tax on the gains generated from qualifying disposals of...

OMB_tax_img7
Owner Managed Business

This guidance note deals with the tax consequences for shareholders and companies involved in a ‘Type 1’ ‘direct’ statutory demerger. For an introduction to statutory...

OMB_tax_img8
Owner Managed Business

There are several ways a purchaser can seek protection from pre-acquisition liabilities.Due diligence is an important part of the process and aims to uncover potential...

OMB_tax_img7
Owner Managed Business

The consideration for disposal for a business will often be simply in the form of cash. However, in many cases there may also be some form of deferred consideration,...