Join us for an insightful webinar “Exiting your business: Advice for SMEs Post-Autumn Budget 2024” on navigating the sale of your business in light of recent changes from the Autumn Budget 2024. Tailored exit strategy advice for business owners actively engaged in the sale process, as well as exit planners, brokers, and financial advisors, this session will explore key considerations and advice ahead of April 2025.

Our speakers, Richard Lupson-Darnell, Corporate Tax Manager, and Malcolm Holloway, Associate Finance Director at EFM, will guide you through the latest updates on Capital Gains Tax (CGT) rates, Business Asset Disposal Relief (BADR) eligibility, and potential impacts on your exit strategy.

Through interactive polls and a Q&A session, you’ll gain clarity on whether fast-tracking your sale could benefit you, the complexities of Member Voluntary Liquidation (MVL), and factors that could influence your timeline.

What We’ll Cover:

1. Budget Implications for Sellers: Overview of recent CGT rate changes and BADR adjustments, and the potential financial impact of these updates for eligible shareholders.
2. Strategic Considerations for Accelerating Sales: Understand the factors that might justify a fast-tracked sale, from business complexity to the balance of power in buyer-seller negotiations.
3. Exploring Member Voluntary Liquidation (MVL): Is MVL a viable option? Learn who might consider this route, associated costs, and the MVL process.

Don’t miss this opportunity to equip yourself with exit strategy advice and actionable insights from our experienced finance and tax experts. Register Now and gain clarity on your exit options in today’s evolving tax landscape.

Reserve your spot today!

Meet the Speakers:

Richard Lupson-Darnell

Richard is a Chartered Tax Advisor with over 30 years’ experience of advising SMEs and their owners on all aspects of their tax affairs. He specialises in the structural matters businesses face at all stages of their lifecycle, from start up to exit, including raising finance under the SEIS and EIS schemes, and incentivising employees through share ownership. His professional passion is pursuing the balance between minimising taxes and helping clients sleep at night.

Malcom Holloway

Malcolm is a Director of the EFM Network and provides hands-on, on-site business advisory support, through his professional and practical experience, gained through many years of business leadership, advisory practice, and financial management. He also has over thirty years’ of experience in general practice and management roles with medium-sized accountancy firms and SMEs. Malcolm has spent the last 15 years running his own business, advising SMEs and high-growth start-ups. He currently sits on the board of several Venture Capital backed high growth technology businesses, and acts as a finance director for a regional Venture Capital Firm, where he assists in investment decisions. Malcolm has a wealth of experience in operating companies. He started, bought and sold his own businesses as well as assisting client companies in raising funds and realising value on exit. Away from the office Malcolm currently hosts a lecture on Private Equity and Venture Capital at the Manchester Business School on their Global MBA programme.