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
Despite various media labels of mini-Budget or even emergency Budget in the run up to 26 March, the Chancellor avoided any fresh tax measures
Introduced in 2005, pre-owned asset tax applies to assets previously owned by an individual but now used or enjoyed by them under certain conditions.
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