A Deep Dive into MBOs - Live at Your Desk

Introduction

MBOs can be a helpful tool in allowing a business to be sold.

In this virtual classroom session Pete Miller and Nick Wright of Jerroms Miller will explain how MBOs work from selling a company to a particular focus on the tax elements.

A number of alternative structures will also be reviewed together with HMRC's position and pre-transaction clearances.

What You Will Learn

This live and interactive session will cover the following:

• Selling a company
  • Third parties
  • Management teams
  • MBOs and other TLAs (and FLAs)
• Buyer funding and taxation
• Vendor taxation
  • Share exchanges
  • HMRC clearances
  • Deferred cash or loan notes; QCBs and non-QCBs
  • Capital gains tax profiles
• Business asset disposal relief
  • Qualifying conditions
  • Issues arising on MBOs
  • Elections to accelerate tax
• Earn outs
  • Ascertainable v unascertainable
  • Statutory relief
  • Taxation of receipts
• Other aspects
  • Share capital
  • Companies without share capital
  • Stamp duty and planning

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.