Exiting your business: Advice for SMEs Post-Autumn Budget 2024

Join PP Plus network partner, MPA for an insightful webinar on navigating the sale of your business in light of recent changes from the Autumn Budget 2024.

Tailored 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.

Richard Lupson-Darnell and Malcolm Holloway will delve into 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.

Speakers

Richard Lupson-Darnell, Corporate Tax Manager, MPA

Richard is a Chartered Tax Advisor with over 30 years’ experience 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.

Malcolm Holloway, Associate Finance Director, EFM

Malcolm assists SMEs to achieve success by helping them understand and control profit, cash, and future direction. He 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’ 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.