When it comes to selling your business, it is not always as simple as walking away with cash. You might be offered other forms of consideration, and they come with their own tax implications.
Types of upfront consideration
Some buyers are reluctant to hand over the full business purchase price in one go. Instead, they negotiate an ‘earn out’, paying some cash up front but deferring the rest of the payment.
What is an `earn out’ and what are the options?
Running a company together is not always smooth sailing, business partners might disagree with the direction the company should take, or simply wish to exit or retire on differing timelines.
The ‘Business Divorce’
As your business develops, it is likely there will come a time you need additional external finance to help you expand. It may be important to ensure your investors receive the relevant tax incentives to enable suitable investment.
Raising external finance
As a business grows, it is important to retain key employees and align their objectives with those of the company.
How to incentivise employees to grow your business
What’s best? A limited liability partnership or a private limited company?
Getting the structure right
When starting a new venture it is important to be aware of, and get advice where necessary, on tax.
Initial tax considerations
We highlight the key challenges of the new Global Internal Audit standards, aiming to help internal auditors meet the essential requirements effectively and appropriately.
Reinventing your internal audit function – how far have you got?
We speak with James Wilcox, Head of Private Offices at Floreat, about his thoughts on philanthropy and making an impact.
Family Office Interview – a conversation with James Wilcox
Read our international guide to tax for the Natural Resources sector to find out more about the complexities of sector-specific tax relations for cross-border groups.
Natural Resources – an international guide to tax
Welcome to the June 2024 edition of TaxTalk.
TaxTalk – June 2024
We look at the key changes proposed for the non-dom regime and overseas workday relief for expats.