Accounting Advice for Business sale
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Post a project like this£50(approx. $63)
- Posted:
- Proposals: 3
- Remote
- #1104033
- Expired
Description
Experience Level: Expert
Estimated project duration: 1 day or less
General information for the business: Ecommerce website
Industry: Technology
Kind of support: Balance Sheet, Tax
Description of support work: I am selling my business (simple small sale of £100k) and have a few questions around the best tax efficient way to take this money out as the majority shareholder (70%)
I'm thinking Entrepreneur relief is valid but just want to double check I haven't missed something obvious - eg. contractor/ salary or any other option.
Also would like a bit of advice around dealing with the cash/ balance sheet on completion of the sale.
Please make sure you are experienced in Entrepreneur relief and have been involved with business sales before.
Thanks
Gary
Extra notes:
Industry: Technology
Kind of support: Balance Sheet, Tax
Description of support work: I am selling my business (simple small sale of £100k) and have a few questions around the best tax efficient way to take this money out as the majority shareholder (70%)
I'm thinking Entrepreneur relief is valid but just want to double check I haven't missed something obvious - eg. contractor/ salary or any other option.
Also would like a bit of advice around dealing with the cash/ balance sheet on completion of the sale.
Please make sure you are experienced in Entrepreneur relief and have been involved with business sales before.
Thanks
Gary
Extra notes:
Gary R.
100% (12)Projects Completed
15
Freelancers worked with
16
Projects awarded
29%
Last project
1 Apr 2016
United Kingdom
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