Published: 4 December 2020
A number of accountants and other professionals might have told you lately that now is a good time to accelerate a sale of your company. Simply, with tax changes expected, it will cost you more tax to sell later than it will after April 2021.
We have been warning of this for some time: -
Published: 1 December 2020
The good news is that if you are looking to sell your business it is still possible to do so during a COVID environment.
In a recent survey by the Corporate Finance Faculty of the ICAEW, 21% said it was easier to do a deal, 38% said harder, and the other 41% said that it was about the same.
I thought I would write this morning about choosing professional advisors. Accountants are traditionally amongst the most trusted professional advisors, and that gives me much comfort as I am a director of CBSL Accountants.
Published: 6 November 2020
As we enter the second lockdown, the Chancellor has brought welcome news to many businesses yesterday by extending the furlough scheme through to March 2021.
Published 23 October 2020
Don’t tell me what I don’t want to hear - a story of puppy dogs and flowers, with a little bit of WH Auden to finish.
I will come to the business context shortly, but firstly I had better explain my opening paragraph.
Published 8 October 2020
The significant changes that took place this year as part of the Government’s support package for businesses impacted by COVID-19 included deferring the deadline to pay the second payment on account for the tax year 2019/20 from 31 July 2020 to January 31 2021.
Published 7 October 2020
I wrote in late July about whether now might the time to consider selling your business, in the context of expected Capital Gains Tax reforms. Please see the link at the foot of this post if you haven't read it before.
Published 6 October 2020
Over the last month or so some firms have been telling us about their new offices, or their new branding; sometimes with links to their values. It is always lovely to share your news, and that is something that we love to do too.
But, in my opinion, timing is everything.
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