Succession Planning
Business Succession should be a forethought not an afterthought
Time to sell or take a step back
The time will come when you want to take a step back. Retirement, the sale of the whole or part of your organisation, the strategy for passing on a business or part of a business should never be driven purely by tax considerations.
These decisions are about the future of something valuable that you have created; something that you have invested much time and effort into.
Expert advice will lead to a tax efficient transaction
Friend Partnership have many years’ experience in planning all types of business succession. We will advise you on:
- Timing and taxation
- Aspects of control
- Management buy-outs
- Inheritance and Estate planning
- Employee ownership and incentivisation
- Preparation for sale
Make A Succession Enquiry
KNOWLEDGE BASE
Under the new rules, the treatment of assets will depend on both their location and the individual’s UK residence history, replacing "domicile" as a key test
Communicating early with employees, so they understand how payrolling benefits in kind will affect their take-home pay and tax deductions is vital
OTHER SERVICES WE PROVIDE
