Accurate business evaluations.
Q: I am in the early stages of selling my business and my accountant is asking for the value of my business in 1982. Can this be done other than by guesswork?
A: This is an often-recurring question in these days of highacquisition activity and it relates to obtaining capital gains tax and
retirement relief.
You will certainly need an expert tax accountant to advise you on the ins
and outs of your own particular circumstances but a value of your business
in 1982 can be obtained by contacting management companies.
They have copies of valuations that were carried out in those years,
together with the range of multiples used. They also have valuations that
h
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