Introduced by the Government in 2014 to expand employee share participation, Employee Ownership Trusts (often referred to EOT’s) have become one of the most popular options for owners to secure a tax efficient exit from their business. Properly structured, the…
An MBO arrangement is a common vehicle used to pass a company over to its management team or, quite often, other family members working within the business. In general terms, an MBO arrangement will involve the incorporation of a new…
A company may purchase its own shares from an individual shareholder whereby they are effectively cancelled so that any remaining shareholders’ interests are increased. Regardless of the applicable tax treatment, there are a number of company law requirements which need…
Company restructures can take many different forms and will often depend on the reason for the restructure. Arrangements can include: Purchase of own shares Statutory demergers Non statutory demergers Capital reductions Establishing holding companies Management buyout special purpose vehicles, There…
The sale of an owner managed business is often the result of many years of hard work by the director shareholders so they will want to ensure that they do not pay more tax on the sale than is necessary. …
Valuing shares in a private limited company is a very subjective exercise and there are a number of different methods that may be applied. In many cases, it is most appropriate to adopt a valuation based on the earning ability…
A key concern for many business owners is succession planning for when they wish to partially or fully withdraw from their business. The options available will often depend upon a number of factors such as the availability of a third…