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CAPITAL GAINS TAX

When can you claim ER if you don’t own enough shares?

You want to raise capital for your company, but some shareholders are objecting because they say it will mean them losing entrepreneurs’ relief (ER). What’s the problem and how can you work around it? More...

CAPITAL GAINS TAX

Stay connected or risk losing ER

If you make a gain from selling your company, entrepreneurs’ relief (ER) can reduce your tax bill if you’ve been employed by it for at least a year. However, this condition has a catch. What is it and how can you avoid getting caught? More...

CAPITAL GAINS TAX

Entrepreneurs’ relief and recently acquired shares

One of our subscribers sold shares in his company, some of which he acquired in the same tax year. HMRC’s guidance indicates the gain on the recently acquired shares won’t qualify for entrepreneurs’ relief (ER), but is it right? More...

CAPITAL GAINS TAX

Entrepreneurs’ relief for a personally owned asset

If you make a capital gain from selling personally owned property used by your company, entrepreneurs’ relief (ER) won’t apply despite the asset having been used for business. How can you plan the sale so that it will apply? More...

CAPITAL GAINS TAX

Is cash in your company a no-go for ER?

If you retire and sell the shares in your company, HMRC will usually approve your claim for entrepreneurs’ relief (ER). But if your company has investments on its books, you might be turned down. Why and what can you do about it? More...

CAPITAL GAINS TAX

Who gets ER when you sell your company?

A tribunal was asked to decide if an unpaid worker was entitled to entrepreneurs’ relief (ER) when she sold her shares in a company buy-out. What was the tribunal’s decision and why might it be important for small companies? More...

CAPITAL GAINS

Selling your company - will you get ER?

You’ve had an offer for your company that you can’t refuse. Trouble is, the buyer wants to pay you in shares and other securities. This could mean you’ll miss out on entrepreneurs’ relief (ER). What steps can you take to preserve it? More...

CAPITAL GAINS TAX

Maximising entrepreneurs’ relief

Last year one of our subscribers gave shares in his company to his wife to save tax. Now she’s received on offer to sell and make a big gain; the trouble is her shares won’t qualify for entrepreneurs’ relief. Is there a way to rescue the situation? More...

CGT

Entrepreneurs’ relief for the family business

The increase in the rate of Capital Gains Tax in June wasn’t welcome news if you were planning to sell your company. But entrepreneurs’ relief (ER) also received a boost. As a shareholder in a family company how can you take advantage this? More...

CAPITAL GAINS TAX

Will a sale generate entrepreneurs’ relief?

One of our subscribers has raised a question regarding entrepreneurs’ relief (ER). She’s wants to sell a building that’s no longer used by her company but has been told there’s no chance of ER? Is there a glimmer of hope? More...
Last updated: 12.08.2020

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