More recent posts
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Success and succession… a difficult balancing act
With careful planning, family wealth created by one generation can be protected and grown for future generations to thrive. Where is your wealth held? An important aspect of…
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Magma shortlisted twice in Midlands’ Dealmakers Awards
Magma Corporate Finance have been shortlisted in the SME Advisory Team of the Year and Deal of the Year categories. The shortlists for Insider’s Midlands Dealmakers Awards –…
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Is a wealth tax the answer?
A one-off ‘wealth tax’ has been discussed as a potential method to raise significant revenue in the UK, but would it be practical? A Wealth Tax Commission (WTC)…
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Family-owned business challenges
There are nearly five million family businesses in the UK. Many of them facing challenges, specific to their very nature. Three such examples are: Work / life balance…
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The value of tax due diligence
Financial due diligence (FDD) is vital in any business acquisition and should never be overlooked. While specialist tax due diligence is a distinct component of FDD which shouldn’t…
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Magma Corporate Finance advises on sale of Seaton Partners
Magma Corporate Finance is pleased to have advised on the sale of technology consultancy Seaton Partners to Big Four accountancy firm, EY. Seaton Partners has one office in…
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HMRC looks to address clearance issues
HMRC is liaising with tax professionals over clearance changes concerns, such as missed deadlines and misunderstandings of the commercial drivers for business transactions. Applying for statutory clearance in…
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Magma Corporate Finance advises Interflex Limited on management buyout
Interflex Limited, an automotive parts manufacturer in Nottinghamshire, has undergone a management buyout (MBO) as part of their ongoing expansion plans. Set up in 2003, Interflex supply a…
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Succession planning: no time like the present
With recent reviews into Capital Gains Tax and Inheritance Tax now complete, could this be the time for family businesses to review their approach to succession planning? If…