Owner Managed Businesses
Revised and up to date for 2025/26. With the number of owner managed businesses on the rise, clients will expect you to be familiar with the complex rules. This course guides you through the tax, incorporation, and income issues that arise at each stage of a business's life.
Owner Managed Businesses
This course will enable you to
- Get to grips with the basics of owner managed businesses (OMBs)
- Handle issues related to business growth such as capital expenditure and VAT registration
- Advise on when and how incorporation becomes a sensible option
- Ensure your clients generate profit in a tax efficient way
- Offer support on whether to sell a business or pass it on to the "next generation"
About the course
There has been a significant increase in the number of owner managed businesses (OMBs) in recent years. Whether sole traders, limited companies or partnerships, these businesses face complex rules around setup, growth, and eventual exit. As accountants, it’s our role to guide clients through these challenges — from tax efficiency and incorporation decisions to succession planning.
This course provides a comprehensive overview of OMBs, covering tax considerations, incorporation, income structuring, and business exit strategies. You'll explore the key issues that arise at different stages of the business life cycle, including capital expenditure, VAT registration, profit extraction, and disposal options.
By completing this course, you’ll be equipped to support your clients more confidently and strategically — helping them structure their business for growth, reduce tax liabilities, and make informed decisions about selling or passing on their business.
