The Individual Seller's Tax Covenant Schedule is a legal template used in the United Kingdom to outline the tax covenant provisions agreed upon between an individual seller and the buyer in a business or asset transaction. This document sets out the specific tax-related warranties, representations, and indemnities given by the seller to the buyer regarding the tax liabilities associated with the transaction. It ensures that the seller bears the responsibility for any inaccuracies or outstanding tax issues that may arise after the completion of the sale. This legally binding agreement is designed to protect and provide recourse for the buyer against any unexpected tax liabilities and minimize the financial risks associated with the transaction. It aims to ensure clarity, transparency, and protection for both parties involved in the sale by addressing all relevant tax matters in detail.

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