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15th March 2012

Would you willingly give 50% of the value of your business to the Taxman?

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Without proper planning it's all too easy to go down this path!

How does this work?

CGT on the sale of a business is 10% for most entrepreneurs

IHT on the sale proceeds of a business is 40% for most individuals

So if you suffer an untimely death following the sale of a business, 50% of its value could be wiped out overnight in tax! Indeed a recent court case was an example of this happening, although it could have been avoided. Examples of how to do so were given during a seminar for our clients held recently in Northampton.

For further information and advice, contact Catherine Ball at

To be added to our invitation list for future seminars, please email or see our events calendar