Tax – Business sale

Business Sale

When selling a business there will always be tax consequences. The extent of same depends on how the sale is structured and how the consideration of the sale proceeds flow. With proper planning, the tax consequences may kept to a minimum or even deferred to a later date depending on the facts. Getting a tax expert involved at a very early stage of negotiations is worthwhile.

Some of the tax issues to consider include:

  • Sale of Shares - Selling shares may, fact dependant, result in a lower tax rate than the sale of assets.
  • Sale of Assets - Selling assets is often accompanied by a transfer of liabilities. Assumption of liabilities can have a bearing on the amount of tax to be paid. In addition ensuring the selling price is allocated correctly to the assets being disposed of can go a long way in mitigating tax expenses.
  • Corporate roll-over relief - Depending on the facts, your business sale transaction may be structured in such a way that you only have to pay the tax when you “cash-out” this requires careful planning though. Contact us for assistance.

Why Choose us:

We are expert tax specialists with a vast amount of experience. Our experience and tax exclusive policy places us the forefront of tax law. If you have a tax problem/issue, chances are we have dealt it before and know how to handle it to your best advantage.

Expert Tax Specialists

We do not do auditing, accounting or any type of work other than tax. We are truly specialised and indeed experts in the field of tax. If you need a true tax expert, we are the people to speak to.

Fast turnaround

One of our main drivers is to be efficient. Our experience places us in a position to provide high quality deliverables and faster turnaround times.

Proven Results - Success our top priority

Our aim is to avert or resolve a tax problem as quickly and as efficiently as possible