Divorce, Valuations and Tax– PWC

Nick started by providing a high level understanding of asset valuations for divorce purposes. He then gave an overview of the alternative approaches, methodologies and differing levels of values and impacts whilst explaining the effect of leverage in a business. It was concluded that each individual business needs carefully consideration and not one size fits all.
Wayne then followed helping us to identify potential tax problem areas for clients as they go through the divorce/dissolution process concluding his top ten tips.
He then helped us gain an appreciation of specific Stamp Duty Land Tax problems looking at different scenarios.

As the subject is so variable, in terms of the complications that can arise, the importance of taking proper tax advice when going through a divorce/dissolution of a civil partnership became very evident