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  • Overview

    Our multi-disciplinary team worked with a farming partnership to transfer its assets to a new limited company in order to save tax. Our expertise and experience ensured the success of the deal.


    Our client was a farming partnership which had been advised to transfer assets to a limited company by its accountants. The business was complex. It owned a number of properties, some of which were being used to secure borrowing. James Partridge (Corporate and Commercial) and Sue Lister (Commercial Property) worked closely with the client and its accountants to make the change. This involved drafting new partnership and company documents, advising on new banking security and guarantees, transferring ownership of all of the properties and ensuring Stamp Duty Land Tax (SDLT) relief was available. Our multi-disciplinary approach and commercial experience ensured the complicated arrangement was completed smoothly and effectively.
     

  • Related Services

    Agriculture & Rural Affairs

    Asset management

    We provide advice to landlords in the event of tenants defaulting and advice to tenants on their obligations whether as tenants or guarantors.  

    Corporate transactions

    Our advice is practical, straightforward and commercial. The breadth of experience ensures the team can advise all companies irrespective of size. We have specific expertise on small business sales and purchases where the property is the main asset.

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Jargon Buster