Tax Planning Idea!
Defer tax liabilities on sale of assets by tax efficient reinvestment
Tax liabilities arising on the sale of company shares or other assets can sometimes be deferred if sale proceeds are reinvested in certain types of qualifying investments such as Enterprise Investment Scheme (EIS) shares (which we will cover in a later post).
As always, the key to successful tax planning is to seek advice as early as possible.
If you would like more information or would like to discuss your tax affairs in more detail please don't hesitate to contact our Tax Partners, Steve Crompton or Lucy Williams on the details below: