Transaction Tax
Buying or selling a business is a significant undertaking and, for many, done once in a lifetime. There are also likely to be numerous advisers involved, with both sides having solicitors, tax advisers, accountants, and corporate finance professionals supporting them.
Sellers will usually have tax to pay, either at a corporate or personal level, or both. Planning for exit as early as possible will provide the best chance of maximising a deal's tax efficiencies.
This may include assessing eligibility for Business Asset Disposal Relief at a personal level or the Substantial Shareholding Exemption at a corporate level.
In addition, we can help to assess whether the existing structure is commercially suitable for sale and in line with the client’s goals. For buyers, we help to understand the target's tax profile, undertake tax due diligence on the target company or group, identify hidden or unpaid tax liabilities, and provide buyers with an understandable and comprehensive report.
Daphne Hemingway
Daphne has more than 27 years experience of specialist VAT litigation and dispute resolution skills.
She has an excellent success rate based on her thorough assessment of the cases. Other accountancy firms also refer their clients for these specialised services. VAT and property transactions are another specialist area for Daphne. A thorough understanding of land law, Daphne advises both property developers and house builders on means of saving VAT on transactions. She also works with law firms and provides bespoke, tailored training.
Jerroms Mortgage & Finance Ltd is registered in England and Wales. Registered number 11459888. Registered Office address as above. Authorised and regulated by the Financial Conduct Authority (reference number: 829252). Mortgages Together, Stratford Corporate Finance and Business Finance Quote are trading names of Jerroms Mortgage & Finance Ltd. VAT No. 326 4715 04.
Jerroms Financial Planning is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference 300784. Registered in England and Wales under reference 4710626. Registered office address: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, West Midlands B90 8AH.
Client Directors of the firm are not directors of Jerroms and are not subject to the obligations and responsibilities of directors within Part 10 of the Companies Act 2006.
Jerroms is a trading style of both Jerroms Business Solutions Limited (08923059) and Jerroms GCN Limited (08433008). Registered Office for each of these Companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, West Midlands, B90 8AH. A list of directors is open for inspection at the Registered Office.
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