Tax

Personal tax planning on a business sale

If you have worked hard all your life to build a business, it is entirely reasonable to want to ensure that you and your family keep your hard-earned gains when you eventually sell. Fortunately, with some pre-planning it is possible to minimise the amount of tax you pay on the gain by taking advantage of existing – and entirely legal – tax reliefs.

Root 2 – The Latest

The following 12 months has resulted in a number of strategic steps between Root 2 and HMRC. This culminated with HMRC and Root 2 appearing before the FTT in June 2018 for a test case on the efficacy of the Scheme (the Test Case), this time with regard to the substantive use of the Scheme.

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