Exit and Succession Tax Planning for Businesses

Brand New Report Releasing

Exit & Succession Planning: Tax-Efficient Strategies for Business Owners

By Sarah Bradford BA (Hons), FCA, CTA (Fellow)

Most business owners pour decades into building something valuable. Yet when it comes to stepping back, through retirement, a sale, or passing the business on, the majority have given little thought to the tax consequences of how they do it.

That's an expensive oversight. The route you choose, and when you choose it, can mean the difference between walking away with the lion's share of what you've built, or handing a significant portion to HMRC unnecessarily.

The good news is that with the right planning, there are legitimate and well-established reliefs available. The challenge is knowing which ones apply to your situation, and acting early enough to use them.

In this authoritative new guide, Chartered Accountant and Chartered Tax Adviser Sarah Bradford cuts through the complexity and sets out clearly what every business owner needs to know about exiting their business in the most tax-efficient way possible.

This guide covers:

• The need for an exit strategy and succession planning — and why leaving it too late costs you
• Exit strategies and succession planning for sole traders
• Exit and succession strategies for partners in a partnership
• Exit and succession planning for personal and family companies
• Final thoughts — and the key actions to take now

Who will benefit from this report?

This guide is essential reading for any sole trader, partner or company owner who wants to understand their exit options before it's too late to use them effectively. It is equally valuable for accountants and tax advisers who work with owner-managed businesses and family companies and need a reliable, practical reference on succession and exit planning.

If you advise business owners, or you are one, this guide belongs on your shelf.

About the Author

Sarah Bradford BA (Hons), FCA, CTA (Fellow) is a Chartered Accountant and Chartered Tax Adviser and director of Writetax Ltd. She is a regular contributor to Business Tax Insider, Property Tax Insider and Tax Insider Professional, and is the author of numerous Tax Insider guides including 101 Business Tax Tips, Tax-Efficient Profit Extraction For Companies and How To Maximise Deductions For Business Expenses..