Video - Company purchase of shares rules explained

Details

Entrepreneur's and business owners often question what are the most tax effective ways for them to exit their business. Watch David Teale, one of DTE Connect's tax experts, discussing the concept of a company purchasing its own its shares, which can be a tax effective way to for entrepreneur's to exit their business.

David discusses the qualifying rules and conditions in language that all business owners and advisors will understand. Most importantly, he outlines the things to watch out for to avoid possible pitfalls and consequences of a particular errors that business owners commonly make when undertaking a company buy-back of shares.

David also offers alternative strategies for business owners that can achieve the same tax effectiveness as a company buy-back of shares.

Duration: 5 mins : 09 seconds