EXITING YOUR BUSINESS

Very often business owners give a lot of thought to how to establish and run their business, but not as much thought to how they will exit the business.

The first thing is that where you can, you should develop an exit plan at least two or three years before you wish to exit.  This gives time for your personal tax affairs to be put in order to reduce your tax liability on exiting; and gives you time to make any changes to the business to make it more saleable.  Kay Johnson Gee has significant experience of advising business owners during this time.  We can advise you on the value of the business; as well as the different exiting options such as a pure sale of the business, a Management Buy Out, or a family succession; and the tax implications of your exit.

We also offer Retirement Planning Advice, to help you decide when you can retire.

To find out how we can help you call now on 0161 832 6221
or email info@kayjohnsongee.com

Latest News

PAYE tax refunds and arrears
Annual reconciliations of PAYE for the tax year 2012/13 are being issued to some taxpayers using the P800 form. The form shows HMRC’s tax calculations
Read more..		Tribunal - VAT on helicopters
The VAT rules, which allowed for full VAT recovery on the purchase of certain business assets used for both business and private or non-business,
Read more..		Offshore tax evasion
UK tax authorities have recently announced that they have been working with the United States and Australian tax administrations (the IRS and ATO) to
Read more..