Capital Gains Tax Planning Strategies to Maximise Net Proceeds

OBJECTIVES

The course will provide a technical refresher on the CGT framework relevant to transaction planning and equip practitioners with the practical CGT planning strategies that must be discussed with clients well before a sale in order to access the available reliefs.

KEY TOPICS

• The different methods of selling a business and how the structure can impact on the tax efficiency for vendors.
• The availability of key reliefs including Business Asset Disposal Relief and the Substantial Shareholding Exemption and the traps to avoid.
• Accessing rollover reliefs and protecting a client from irrecoverable proceeds
• Pre-Sale planning to mitigate the risk of price chipping where a buyer identifies issues to reduce the price paid.
• The use of pre-sale reconstructions to ensure the business is in the most suitable structure for onward sale.

WHO SHOULD ATTEND

This course has little assumed knowledge but is designed to equip client facing advisers, particularly partners and managers, with an awareness of the issues that must be considered when a client is considering a sale of their business. To ensure maximum efficiency, clients should be considering the tax strategy of their succession well in advance of the actual transaction, normally around 3 years before.