Whether you are selling a business or buying one, due diligence is a significantly integral part of the process and is often the make or break of the deal. Our due diligence service will be helpful whichever position you are in:
- For business seller we will prepare all necessary financial documents
- We’ll provide support and coach you on areas that should be highlighted to the potential buyer as well as provide explanations on any areas that may be a potential concern for them
- We will calculate your capital gains tax liability; help you submit your self-assessment tax return and help you claim Entrepreneurs’ Relief if eligible
- For business buyers we will help review all financial documents
- We will provide comprehensive feedback on any areas of concern or things that will require further consideration
- We can help provide advice on more tax-efficient ways to run the business if available
- We will help you calculate stamp duty land tax where applicable
- For buyers and sellers, we’ll explain the pros and cons of a goodwill/assets purchase compared to a share purchase, and how each result in different tax implications
