Planning Ahead for the Best Outcome
June/July 2024 edition of Accountancy Ireland, the member magazine of Chartered Accountants Ireland – at page 58
Kerri highlights the critical importance of choosing the right business structure when planning for expansion—especially with a future exit in mind. The structure selected today can have a significant impact on the tax efficiency and flexibility of an eventual sale or succession.
Kerri also discusses the proposed changes to Capital Gains Tax (CGT) Retirement Relief, a valuable tax relief frequently used by SME business owners when selling or passing on their business. With potential reforms on the horizon, business owners should proactively assess how these changes may impact their long-term exit strategy.
