-
Business Valuation – Where Do I Start?Written on October 2, 2026 by Kirk Rice LLP
Why value your business? More often than not, the purpose of obtaining a business valuation is for sale purposes. Initially, this may be just for information purposes, whilst the business owner considers their options and exit plan. There are other reasons for needing a valuation and other purposes include; On a gift or sale of […]
Read More -
Business Sale Tax Aspects – What You Need To KnowWritten on August 16, 2026 by Kirk Rice LLP
Tax Aspects – Sole Traders and Partnerships The tax considerations for these types of business are relatively straightforward. The owners will most likely be selling tangible assets which have been used or are in use, such as motor vehicles, computers, machinery, and intangible assets such as goodwill, the customer database and perhaps the order book. With regards the […]
Read More -
Business Asset Disposal Relief – How Much Tax Is Due On The Sale Of A Business?Written on August 13, 2026 by Kirk Rice LLP
Key Points Business Asset Disposal Relief (BADR) may reduce the capital gains tax rate on a qualifying business sale, but the rules differ for sole traders, partnerships and company shareholders. Qualifying disposals are taxed at 18%. Eligibility depends on factors such as ownership period, business structure and the specific assets being sold, including goodwill. Company […]
Read More -
Preparing Your Business for Investment: An Expert’s Advice for FoundersWritten on June 22, 2026 by Kirk Rice LLP
People often come to us with great business ideas but aren’t sure how to make them an attractive opportunity to investors. A common scenario we hear is: I’ve had a great idea for a company. I’ve considered funding options. I’ve realised I need third party investment. But I don’t know how to set myself […]
Read More -
Case Study: Successful due diligence & ongoing outsourcing for an architect firmWritten on June 5, 2026 by Kirk Rice LLP
Key Points Kirk Rice carried out financial and tax due diligence for the sale of an internationally renowned specialist architect and engineering firm using existing reporting information. We created several new reports and processes for the purpose of the sale. Kirk Rice designed custom profit and loss reports to provide our client with a clear […]
Read More -
How Sale-Ready Accounts Strengthen Your Business ValuationWritten on October 24, 2025 by Kirk Rice LLP
Key Points Poorly prepared accounts may result in lower valuations, delayed deals, and reduced buyer confidence during a sale. Sale-ready preparation often means accurate management accounts, normalised EBITDA, and compliance up to date. Practical clean-up includes standardising reporting formats, reconciling key accounts, and maintaining clear audit trails. Well-prepared accounts aim to smooth due diligence, strengthen […]
Read More -
A Practical Guide to Incentivising UK Employees Through Tax-Efficient Share SchemesWritten on July 25, 2025 by Kirk Rice LLP
This guide outlines the main options, tax advantages, and practical considerations you’ll need to plan an effective incentive strategy. Popular Share Scheme Options in the UK Several HMRC-approved share plans can deliver tax benefits to both employers and employees. The most commonly used schemes include: Enterprise Management Incentives (EMI): Designed for smaller, high-growth companies, EMI […]
Read More -
Is an Employee Ownership Trust (EOT) right for your business?Written on July 9, 2025 by Kirk Rice LLP
Employee Ownership Trusts (EOT) were introduced by the Government through the Finance Act of 2014. Created as a type of employee ownership trust, they were intended to benefit both employees and companies. Employed correctly, EOTs can support growth and business succession in a sustainable and equitable way. Additionally, due to their more inclusive business structure, […]
Read More