The Tax Implications of Buying and Selling a Business (Dec 24)
Category: Tax | Duration: 2hrs | Tag: VODCPDFIE24D2S4 | Type: Video | Course Level: Intermediate | Speaker: John Murphy, Niall Hanton | Date: 03/12/2024 15:40
Course Details
In this course John Murphy and Niall Hanton review the tax implications on an asset sale or a share sale, steps that can be taken to make the target more attractive and attract reliefs.
This session covers the following topics;
- Sale of shares or business assets? What to do – What does the purchaser want and how can they meet somewhat in the middle
- Tax reliefs available for shareholders
- Structuring asset deals to reduce the tax exposure
- The role of tax advisors in Due Diligence – Tax Due Diligence Reports
- Tax Warranties/Indemnities – The role of the Tax advisor
- Sources of Funding – implications for purchaser and seller
CPD Course Speaker
OmniPro Tax and Legal
John Murphy
As a Director of OmniPro Tax and Legal Limited, John relishes problem-solving to help accountants develop innovative client solutions and sharing his technical knowledge on tax, company law, financial reporting and auditing.
A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring to exit planning as well as advising on company law in relation to these and many other matters. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring. He is also an insolvency practitioner who acts as liquidator in members voluntary liquidations and is a Registered Auditor.
A Chartered Tax Adviser, he advises clients in practice on a range of issues from income tax, tax planning, restructuring to exit planning as well as advising on company law in relation to these and many other matters. In addition, he provides support on financial reporting, auditing and company law; conducts company valuations and advises on pre-sale restructuring. He is also an insolvency practitioner who acts as liquidator in members voluntary liquidations and is a Registered Auditor.
OmniPro Tax and Legal
Niall Hanton
Niall brings a wealth of experience across various tax areas, including corporate restructuring, succession planning, business acquisitions and disposals, tax due diligence, and corporate and personal tax compliance. Niall comes from a top 6 firm which has undergone rapid market growth over the last number of years bringing a wealth of knowledge from that fast-paced environment.
Niall's expertise extends to a wide range of industries, including retail, agriculture, manufacturing, hospitality, professional services, and more. Additionally, his background in tax, combined with experience providing accounting advise surrounding transactions, makes him a valuable asset to our team.
Niall's expertise extends to a wide range of industries, including retail, agriculture, manufacturing, hospitality, professional services, and more. Additionally, his background in tax, combined with experience providing accounting advise surrounding transactions, makes him a valuable asset to our team.