Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Waiting for a lot

04 December 2012 / Chris Chapple
Issue: 4382 / Categories: Comment & Analysis , Business , Income Tax
A management team is anticipating large rewards in a company buyout. CHRIS CHAPPLE looks at potential problems and their solutions

KEY POINTS

  • Ensuring that EMI share options are exempt from income tax and NICs.
  • Maintaining entitlement to entrepreneurs’ relief for various types of consideration.
  • Different shareholders may have conflicting preferences as to the value of Marren v Ingles rights.
  • Check that share reorganisation conditions are met.
  • Applying the memorandum of understanding rules.

While the number of “mega-deals” has declined with the economic downturn there remains a relatively strong market in private equity transactions for smaller businesses in the UK and Europe.

Working with many owner-managers who have successfully built up their businesses in recent years we see significant interest from private equity houses keen to invest funds in companies with potential for growth.

As a result many management teams must tackle the complexities of buy-out situations in relation...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

FIVE WAYS TO MAKE ACCOUNTS PRODUCTION AND TAX EASIER.
Download the exclusive Xero
free report here.

New queries
Please email any questions you might have
to: taxation@lexisnexis.co.uk.

back to top icon