Lambert Roper & Horsfield Limited Accountants Calderdale
Business Services

Most businesses are very good at providing the products and services that their customers need – but running a business involves much more than that.

Click here to find out more...

Private Clients

The financial world is a complicated place and there are times when you’ll need some expert help.

Click here to find out more...

Wealth Management

When it comes to your finances, taking time out to seek expert advice is always a wise investment.

Click here to find out more...

Specialist Services

We also provide specialist services to a range of other clients.

Click here to find out more...

You are here: Home » Business services in Calderdale » Exit Planning and Business Disposals

Exit Planning and Business Disposals services in Calderdale


When you’ve spent years building up your business to make it a success, taking time to think about what happens when you want to step down is crucial – or all your hard work could have been for nothing.

As an owner-manager, it’s easy to get sidetracked by all the day-to-day demands involved in running a business to think about something that could still be years away.

That’s where we can help. We are experienced in exit planning and understand that a business disposal needs advance preparation if you are to maximise the proceeds of your sale.

We’ll help you to identify your best options for your business disposal – a management buy-out or arms-length sale, for instance, or even a wind-down if your business is particularly small or very closely linked to your specialist skills.

We can help you structure your business to make it more valuable and more saleable and carry out the tax planning necessary to bring you the most benefits. This includes inheritance tax planning, to protect your assets when you are no longer around.

To find out more about how we can help you, please contact LRH accountants in Calderdale.

We have moved!


After almost 25 years at the Old Woolcombers Mill in Halifax, LRH Chartered Accountants have moved to new premises in … Continue reading →

Get in touch!


Telephone: 01422 360788

Email: mail@lrh.co.uk

"We provide proactive and timely advice, based on an in-depth knowledge of our clients and their businesses."

Nick Frost, Director

"Honest, long-term relationships that help clients achieve their goals."

David Roper, Director

"Accurate and timely information is essential for business owners and enables them to make the right decisions."

Sam Mitchell, Director

 
 

Latest News

Government extends childcare voucher scheme for additional six months

April 3rd, 2018

Working parents across the UK will be delighted to hear that the Government has agreed to a six-month extension of the childcare voucher scheme.

It has been estimated that around 80 per cent of working parents may be better off using Childcare Vouchers rather than the new tax-free childcare scheme.

The voucher scheme allows employees to gain access to funding for childcare through their employer and, in return, employers can save up to £402 per year in National Insurance Contributions for every employee who signs up.

Following a number of debates in Parliament, the Secretary of State for Education, Damian Hinds, confirmed that the Government has agreed to a six-month extension of the Childcare Voucher scheme. Therefore the scheme will not be closing in April as previously reported.

The Government’s extension to the popular scheme was announced following criticism, which claimed that the tax-free childcare scheme is poorly understood and its rollout has been botched.

The childcare voucher scheme is available to all working parents in the UK and allows parents to take up to £55 each week from their salary before tax and National Insurance, or £243 a month, to spend on childcare no matter how many children they have, as long as the parent is a basic-rate taxpayer.

However, using the alternative tax-free childcare scheme parents have 20 per cent of their childcare costs met by the Government each year, up to a limit of £2,000 a year per child, or £4,000 if a child is disabled.

This scheme is open to self-employed people, who are excluded from the childcare voucher arrangements.

Subject to eligibility, both parents (if they are together) must be working 16 hours a week and paid at least the National Living Wage of £7.83 an hour, if over 25, or £125.28 a week to receive tax-free childcare.

For families within the basic-rate tax bracket who qualify for either scheme, anyone who spends less than £9,336 in total on childcare would likely be better off with vouchers. The same goes for those who pay the higher tax rate and spend less than £6,252 in total.

However, families with a larger number of children are more likely to benefit from tax-free childcare, as the system works on a per-child basis rather than per parent.

Anyone who is claiming tax credits or universal credit or if either parent earns more than £100,000 will not be eligible for tax-free childcare.

The two schemes cannot be used in conjunction with one another, but either can be used alongside the 15 or 30 hours of free childcare offered to children aged three and four.

Link: www.childcarechoices.gov.uk  

< |||| > 1 2 3 4 5

Subscribe to our newswire

Want the latest news and tips from us? Enter your email address below.


captcha