Recent content by Pigsfoot1

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    Business Purchase Options

    Hi, Just after some general idea's from the collective so i can start to look at various options. Obviously won't be doing anything without speaking to an accountant and/or tax advisor but would prefer to go in with some understanding and maybe preferred options. I currently own two businesses...
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    Does BADR period reset if share holding increases

    Thanks you for your reply but i am after a specific area of advice. I am fully aware how BADR works, as i have said i have already used it myself. My question is regarding the transfer of shares between husband and wife and if the person receiving the shares i.e. my wife... does that reset the...
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    Does BADR period reset if share holding increases

    No, i am not referring to the life time allowance. I am referring to the 2 year period in which you have to hold shares before you can use the BADR
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    Does BADR period reset if share holding increases

    Hi, I have a plan to sell my business in 1-2 years time. There are 4 share holders, myself and my business partner and our partners. At the time of writing none of us are married. We all hold more than 5% shares and have done now for around 3-4 years but myself and my business partner have...
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    Selling Business, making use of Pension Tax Relief

    Wow......time out.. maybe your Hangry and you need a sandwich.... maybe your overly stressed because its that time of year when people are just nice to each over and you haven't cracked that part of yet.. what ever it is keep you useless assumptions to yourself... but what i will take from this...
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    Selling Business, making use of Pension Tax Relief

    Hi All, Firstly i appreciate this forum doesn't really provide advice like this and i fully understand this is a question for an IFA but i thought it may be worth asking anyway... just a sounding board really Bit of background ... I own two businesses 50 / 50 along with a Co Director. Our...
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    Sell Tickets from UK website for online game to be played in USA / EU.. potential tax issue ?

    Hi, We operate an online app based game ( Im-Puzzled.co.uk ) where you buy a ticket to play a game via our UK based website. We currently have games setup in various locations throughout the UK and are looking to expand into the USA and possibly the EU. One stumbling block is if we allow play...
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    Liquidator not replying to request to purchase assets

    I can buy ownership of the social media accounts from the company and have the domain transfered to myself.. however this is off topic
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    Liquidator not replying to request to purchase assets

    No i don't think so, i got the impression they are saying they need to check with the former owner to check if Intellectual property can be sold. " I am liaising with the former owner of the Company to try and explore if a sale of the intellectual property is possible" I don't understand what...
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    Liquidator not replying to request to purchase assets

    Thanks to everyone for the guidance, called again and used the advice above which has now initiated a response :) Originally they just said there is nothing to sell, to which i said you don't know what i'm looking to buy. I have said to them I am looking to purchase the old customer database...
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    Liquidator not replying to request to purchase assets

    Even though we hear it all the time its not actually legal to just undersell back to the original owner.. or their buddy... A Liquidators job is to get the best price / deal for any asset.. so from what i understand, if i have made contact as a potential buyer they can not ignore me as they have...
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    Liquidator not replying to request to purchase assets

    Hi, I have never done anything like this before so not sure of the procedure. A competitor of mine went into liquidation in June earlier this year. I have sent several emails to the two contacts at the firm handling the liquidation asking them to make contact as i am interesting in purchasing...
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