Mon, 05 Jul 2010 | BUSINESS NEWS
Last weeks' emergency budget had some welcome news for entrepreneurs. The threshold at which capital gains tax is charged at 10 per cent on the sale of business assets was increased from £2m to £5m. This tax threshold is known as entrepreneurs' relief and is a lifetime allowance aimed at investors in, and owners of, small businesses who wish to retire or exit.
This is particularly beneficial to business owners looking to sell their businesses in the £2m to £5m range. However, due to the increase in the top rate of capital gains tax rate to 28 per cent, anyone selling their business for more than £7.41m will be worse off.
Presenting a well-established bespoke kitchen design and installation business located in South Manchester, known for its exceptional craftsmanship and personalised service.
A well-established and profitable home improvement manufacturer located in the North East offers an attractive investment opportunity.
Vendor specialises in transporting shipping containers by road from for major UK container ports. Shipping lines, freight forwarders and cargo owners use the company to move goods from these ports to the destinations specified by clients.
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Animalcare acquires new research programme for horses and dogs | BUSINESS SALE
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