Buying and Selling a Business
Expert Advice on Buying or Selling a Business
Are you thinking about selling a business or looking to buy one? At Maynard Johns Chartered Accountants, we provide expert advice and support to help you navigate the complexities of business sales and acquisitions. Whether you’re preparing for a sale, valuing your business, or ensuring a smooth transition, our experienced team is here to guide you every step of the way.
Buying or selling a business involves careful planning, tax efficiency, and strategic decision-making. We offer tailored solutions to maximise your sale price, minimise tax liabilities, and ensure a seamless process. From financial due diligence to negotiation support, our accountants have the expertise to help you achieve the best outcome.
Buying and Selling a Business Services
Buying a Business - Get the Right Price & Maximise Tax Efficiency
Purchasing a business is a significant investment; getting it right from the start is crucial. At Maynard Johns Chartered Accountants, we help you secure the right price while structuring the purchase to maximise your future tax allowances.
Understanding the breakdown of assets purchased—whether goodwill, equipment, or property—can significantly impact your tax liabilities. Our expert team ensures the deal is structured to optimise capital allowances and minimise future tax costs, setting you up for long-term financial success.
Selling a Business - Expert Guidance
Selling a business is a major decision, and choosing the right approach can make a significant difference in the outcome. Maynard Johns provides expert advice on the various routes to achieve a successful sale while ensuring you understand the tax implications for both you and your family.
From selling to a third party or passing the business to family members to management buyouts, we guide you through the best options for your situation. Our team also provides business valuations, helping you set the right price and maximise your returns while minimising tax liabilities.
Expert Business Valuation Services for Every Situation
Whether you’re buying, selling, planning for retirement, or simply curious about your business’s worth, our valuation services provide the clarity you need.
We help you determine the true value of a business, ensuring you have the right information to make informed decisions. If you’re selling, we’ll guide you in setting a fair price. If you’re buying, we’ll assess whether the asking price is realistic. Or, if you just want to understand your business’s value, we provide a detailed and accurate assessment.
Understanding Capital Gains Tax when Selling a Business
When selling a business, it’s essential to understand Capital Gains Tax (CGT) and how it impacts your profits. Without careful planning, you could face a significant tax bill that reduces your overall return.
At Maynard Johns, we help you navigate the complexities of CGT, ensuring you take advantage of available reliefs, such as Business Asset Disposal Relief (formerly Entrepreneurs’ Relief), to minimise your tax liability. We provide expert guidance on structuring your sale tax efficiently, helping you retain more of your hard-earned money.
Support Available when Buying or Selling a Business
Buying or Selling a Business? Let our experienced accountants guide you through the process
Read related articles
Capital Gains Tax On Property UK: How To Report To HMRC
Capital Gains Tax On Property: Your Guide to HMRC Reporting Requirements What is Capital Gains Tax on Property in the UK? If you sell or dispose of an interest in a UK property, you may be liable to pay Capital Gains Tax on Property in the UK rates. The rules for...
Capital Gains Tax Calculator – Get Expert Help with Your CGT
Capital Gains Tax Calculator Service Would you like a Capital Gains Tax calculator to help you calculate how much you owe and submit all required details to HMRC within the required 60 days? If so, help is on hand. Our online service allows you to pay capital gains...
Capital Gains Tax | A Complete Guide to CGT Explained
What is Capital Gains Tax Capital Gains Tax is a tax payable to HMRC when you sell or dispose of an asset and make a profit upon the sale or disposal. Disposal includes giving away or exchanging the asset. What assets are liable for Capital Gains Tax Assets liable for...
Business Disposal and Taxes
If you are considering a business disposal, it’s important to consider the timing and the increase in the rate of tax applicable to these types of transactions.
Capital Gains Tax on sale of shares – Essential Information
Have you sold or disposed of any shares in the past few years and made a profit? If yes, did you remember to disclose the sale of shares on your annual self-assessment tax return? Any sale of shares must be declared on your self-assessment tax return, as Capital Gains...
Negligible Value Claims For Shares – Are You Eligible
What are negligible value claims for shares and why do they matter to you? Have you purchased shares in a company which have ended up being worthless whilst you have owned them? If yes, you may be able to make a negligible value claim. You can make a claim to HMRC to...