PDA

View Full Version : Share sale vs. Asset Sale - less than £100k


ricburton
24th July 2010, 21:52
Hi there,

I'm looking to sell the following assets of my business:

-Website
-Trademark
-Client list (CRM data)
-Customer goodwill

I'm hoping to sell for around £60,000. How do I account for this on my end? Is it an invoice that has VAT on top?

Also I want to change the name of my company afterward and keep the cash in the business to invest in new projects. Is that a smart, tax-efficient idea? I will pay myself dividends as & when I need them.

Thanks in advance to all of you guys out there. Really appreciate it.

ricburton
28th July 2010, 16:52
Hi guys any thoughts?