Buying a business

Buying a business

Overview To acquire a business which is being carried on by a company, the purchaser must decide whether to acquire some or all of the shares in the company that carries on the business (the target business); or the individual business assets and liabilities of the...
Limited Company

Limited Company

Overview A number of important decisions must be made when a company is set-up; for example, who will own shares in the company and to what date will it make up its accounts? These decisions may have tax consequences and it is important that all of the available...
Sole Traders and Partnerships

Sole Traders and Partnerships

Overview A person starting to trade is faced with a number of requirements; for example, they must register their business with HMRC. Penalties may be charged where the person fails to meet or is late in meeting those obligations. In addition, the person must make a...