ARE you in the process of selling your business?

The commercial reality of a deal can vary significantly when legally drafted, so it is important that the deal you sign up to is the deal you agreed. This requires your lawyers and advisers to work together, particularly around consideration, surplus cash negotiations, working capital requirements and the structure.

The structure of the deal should aim to minimise your tax position and could mean the difference between paying 10 per cent and 46 per cent tax.

With increasingly more complex deal structures, it is important to engage with advisers early to minimise your tax liability.

For further information on how Baker Tilly can help with the commercial reality of your deal, please contact Kirsty Sandwell, Baker Tilly corporate finance partner, on 01293 591737 or email kirsty.sandwell@bakertilly.co.uk.