Insights

Deferred Consideration and Earn-Outs: Where Most of the Risk in a Sale Actually Sits Very few sales of owner-managed businesses complete on an all-cash, pay-on-day-one basis. Most involve some element…

Business Asset Disposal Relief (BADR) — still widely known by its old name, Entrepreneurs’ Relief — cuts the rate of Capital Gains Tax on a qualifying disposal. That covers a…

Becoming Non-UK Resident Before a Sale: Why Temporary Non-Residence Rarely Works As Planned It’s a piece of tax folklore that refuses to die: sell the business after moving abroad, and…

Incorporation Relief and the Substantial Shareholding Exemption: Structuring Ahead of a Sale Two reliefs quietly do most of the work in getting a group structure ready for sale. Owners often…

Employee Ownership Trusts After the Autumn 2025 Budget: What the 50% Rule Actually Changes An Employee Ownership Trust (EOT) lets a controlling shareholder sell their company to a trust for…

Corporation Tax, Distributable Reserves and Dividend Extraction Ahead of a Sale Before a business can be sold, its numbers need to withstand scrutiny. Few areas get more scrutiny in due…

Business and Agricultural Property Relief: Adapting to the £2.5 Million Cap For many family trading businesses, the most consequential tax change of the last two Budgets isn’t a Capital Gains…

Gift Hold-Over Relief and Trusts: Passing Shares to the Next Generation Without a Dry Tax Charge Not every transfer of a business is a sale. Say an owner wants to…

Management Buyouts: NewCo Structuring and the Loan-to-Participator Trap A management buyout (MBO) is, mechanically, a sale like any other — existing management buys the company from its current owner —…

Investors’ Relief: The Narrower, Less-Known Cousin of BADR Investors’ Relief shares Business Asset Disposal Relief’s headline rate. But it shares almost nothing else about how it’s earned. That’s precisely why…