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Tax Planning for UK SMEs

26 July 2011
Issue: 4314 / Categories: Comment & Analysis , Events
Report from the LexisNexis conference, London, 30 June


  • Peter Rayney Peter Rayney Tax Consulting
  • Andrew Hubbard Tenon
  • Jane Wolstenhome Speechly Bircham
  • Sharon Smeeth KPMG


There is little tax advantage now in structuring a disposal as an earn-out said Peter Rayney as most taxpayers will want to maximise the charge on disposal in order to qualify for entrepreneurs’ relief rather than defer the gain but pay 28% tax when it is eventually received.

He suggested that alternative structures might be used to achieve the same commercial effect such as a sale at full price but with a warranty that profits would reach a certain level with a repayment of some of the sale proceeds if they do not.



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