On 30th October Rachel Reeves announced changes to Business Asset Disposal Relief which will see the tax charged on business sales increase by up to 80% over the next couple of years. While tax at 18% is hardly disastrous it has brought succession planning higher up the list of priorities for many business owners.
In this session we will be looking at the main exit routes for business owners in particular looking at the advantages and disadvantages of Employee Ownership Trusts.
The session will conclude with Mark Garner sharing his personal experience alongside a discussion around business valuation techniques.
Agenda:
Introductions
Business Exit Strategies Richard Ross
Comfort Break
Guest Speaker Mark Garner
Group discussions
Questions and Close
About our Guest Speaker:
Mark Garner started his professional career in corporate finance, advising clients of a regional accountancy firm on mergers and acquisitions. He has since acquired, developed and exited several businesses, is an experienced chairman and non-executive director and has a wealth of experience in building and realising business value.