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The outcomes of an earlier review by the government into mixed-use property purchases and multiple d...
By RJP LLP on 18 March 2024
selling a business?
It can be an emotional experience which we treat with the utmost respect. We also work relentlessly to ensure that when you are ready to sell, you are properly prepared to get a great price and pay the minimum amount of tax.
Starting, scaling and then selling your company is the end result of many years of hard work.
We’re experts at helping owner managed business owners to successfully exit their companies and will advise you every step of the way.
Expert advice for clients looking to sell a business
There comes a time when for any number of reasons, it’s time to sell your business. There’s a lot at stake and the sooner we start working with you, the sooner we can assist you in maximising the value of your business and reducing the amount of tax you pay on your gains.
Government policy has changed recently when it comes to the amount of capital gains tax payable when you sell a business. RJP’s tax planning focus is on ensuring you receive Business Asset Disposal Relief (the new name for Entrepreneurs’ Relief) so that your capital gains tax liability is capped at 10% on all consideration received for gains of up to £1m.
Plan ahead to maximise tax relief
RJP very much specialises in advising clients about selling their businesses and have helped hundreds of business owners to exit their companies successfully.
Where possible we encourage our clients to plan two to three years ahead for a sale because the current eligibility criteria mean that it is necessary to have held the relevant shares for at least 2 years in order to qualify for this tax relief, making early action imperative.
Whether you’re planning to sell soon or are planning ahead, talk to us to see how we can help limit your liability.
Business Services • Business Tax • Personal tax
In yet another blow to property investors, the 2024 Spring Budget heralded the end of tax advantages...
By RJP LLP on 18 March 2024
Business Services • Personal tax
‘Non doms’ - people who are resident in the UK but classified as non-UK domiciled for tax purpos...
By RJP LLP on 18 March 2024
I wanted to write and express our gratitude for your help and hard work in getting Probate through and settling all the taxes. I am so pleased that we selected RJP, as your professional help and updates throughout this process have been invaluable. If at any time in the future Probate assessment may be needed, you will be our first port of call. Once again, many thanks to the whole team.
Dan Cook, Probate clientI just wanted to drop you a short note to say how grateful I am for the support that RJP has provided over the past 4 weeks while our Financial Controller was away. I struggle to comprehend how much work your staff get through during their weekly visits and they are always a pleasure to have around the office.
I Evans, CFO, MoblicitiJust a quick e-mail from me to thank you for achieving the target for producing the draft accounts – it is very much appreciated and gives a first class impression of your firm. Many thanks.
J Stanfield, Chairman, BBS Actuaries LtdI would like to take this opportunity to thank you very much for the amazing job you have done navigating us through this whole process. My family and I also really appreciate the care and compassion demonstrated by you and your team in every dealing. Our thanks to everyone.
M Goldsmith, Probate ClientRJP provide our company with a complete service which takes the stress and strain away from the day to day running of our accounts! Their understanding of our business and their patience and advice is invaluable.
Outsourcing Client