Tax changes impacting businesses and exit plans

Selling your business can be a great way to achieve financial freedom and retirement. However, it’s crucial to be aware of the tax implications that can arise when exiting your business.

On October 30, 2024, Chancellor of the Exchequer Rachel Reeves presented the first Labour budget in 14 years, introducing over £40 billion in tax increases – an important factor for business owners.

Don’t miss the chance to join Nicky Goringe Larkin, Managing Director at Succession Planning, and Stuart Mullins, Corporate Partner at Clarkslegal, in an engaging live webinar. They will explore the optimal timing for selling your business, the available options, and how to navigate the evolving tax landscape.

The interactive discussion includes:

• Types of business exits
• Tax implications of business exit
• Getting help with tax planning

This webinar is a must for anyone planning to exit their business in the coming years. Watch on demand now to gain valuable insights and prepare for a successful transition.

Should you wish to discuss any of the issues highlighted in the webinar, please email marketing@clarkslegal.com.