This fully updated 16th edition ties together in one informative book the ever-increasing UK legislation, rules, regulations, and extra-statutory material that tax advisers need to be aware of when purchasing and selling shares in UK private companies. Practical and user-friendly, this popular title provides sound tax planning solutions from a commercial and tax perspective, and also strikes a happy medium between the buyer's and the seller's expectations. This indispensable guide is essential reading for accountants, lawyers, tax practitioners, directors, shareholders, potential investors, corporate financiers, company secretaries, and all those professionals involved in UK tax, merger, and acquisition planning. The book is fully updated to include the provisions of the UK Finance Act 2007.