A progressive, South West based accountancy practice

Setting the right foundation

A major client came to see us two weeks ago and advised us that they were demerging their business. Potentially valuable, this could have led to significant Capital gains Tax liabilities, at a time when both sides of the business need to preserve cash. Steve and Andy led the clients through the complexity of a Statutory Demerger, which will set them up for future growth with no tax liability holding them back.

Other clients are offering share incentives to their employees, and Steve has been busy setting the foundations to ensure that they can participate without a significant tax charge.

So if you’re planning a major change in your business, or simply want to work out if it might be the right thing for you, get in touch and we can chat through your plans and steer you around any pitfalls. There’s no charge for our initial appraisal!