Succession: a big issue for family businesses
Deciding when and how to hand over the reins to the next generation in a family business requires careful thought says Steven Scarlett, family business specialist at leading regional accountants Lovewell Blake.
From earth to earnings: what SpaceX teaches us about company valuations
Space Exploration Technologies Corp – or SpaceX as it is more commonly known – was founded in 2002 by Elon Musk to revolutionise space technology with the ultimate goal of making life multiplanetary.
Employee Ownership Trusts following the 2024 Autumn Budget
The sale of your business to an Employee Ownership Trusts (EOTs) can be a tax free transaction if structured correctly. Given the potential changes to Business Asset Disposal Relief (BADR) this could be a more attractive proposition from a tax perspective.
Exit planning – substantial shareholding exemption
The optimal time to sell a business can be influenced by the potential tax implications. UK Corporate sellers can claim the “substantial shareholding exemption” (“SSE”) to exempt a gain on a sale from corporation tax.
We need to talk about Due Diligence
You’ve done everything right, you found a buyer, you’ve answered all their questions, you even got the offer letter through, it’s all plain sailing from here right? Well not exactly…
Making a smooth exit
Matt Crawley, Corporate Finance Partner, took a look at exit strategies for business owners.