Course Details

This course will discuss the dilemmas, challenges and new strategies available in preparing a private business for sale; knowing if, when and how to involve the next generation in a tax efficient manner when a sale could be imminent and flexibility is important; anticipating tax based deal breakers in advance; setting the business up for a tax efficient sale and balancing tax efficient access to proceeds against maximising them.   

 

In this session David Keary covers the following topics,

 

  • The sale or succeed dilemma, the costs of doing nothing versus succession planning at the wrong time and in the wrong way when a sale offer
  • Highlighting strategies available to implement a tax efficient pre-sale plan while still giving flexibility to change course in the future.
  • Pre-empting tax based deal issues that can be commercial deal breakers
  • Navigating CGT Participation Exemption and some of its unusual anomalies both good and bad.
  • Understanding that maximising tax-free sales proceeds on exit has to be balanced with tax efficient personal access to funds.  

 

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CPD Course Speaker

Focus Tax Partners

David Keary

David Keary is a tax partner with Focus Tax partners, a specialist tax advisory practice helping private business, and its owners with all aspects of their tax affairs. David has over 18 years' experience in Big 4 and Top 10 firms advising on corporate tax advisory, M&A transactions and private client advice for private businesses and their owners. He has a particular interest in the interaction of tax and legal issues as well as the impact of specific and general anti-avoidance legislation.