Unlocking the value in your business

A partial exit can be an ideal way to release some of the equity you have built up in your business. It can also inject additional funds to really drive your business forward. But make sure you think through all the implications before you act.

Clearing the MBO funding hurdle

You want to sell your business to the management team and they want to buy, but there’s a problem. Your management team can’t personally find the funds to pay you a material consideration. Is that the end of the story?

Spring Budget 2017 – new tax relief for museums and galleries

We were very encouraged to see the Chancellor's announcement of a new tax relief for museums and galleries in his first – and last – Spring Budget. Effective from 1 April 2017, this offers tax relief of 25% and 20% for touring and non-touring exhibitions respectively. This is a welcome extension of the creative sector tax reliefs for new exhibitions and we will post a further update once we have studied the full details and rules around this.
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