Capital Gains Tax

Disposal of assets can result in significant tax charges; charges which may be reduced with effective pre-transaction planning.  Our tax advisers can assist you in this planning and advise you on options to minimise your exposure.

Entrepreneurs Relief (ER)

Since April 2008 ER has been available in respect of:-

• gains made on the disposal of all or part of a business, and
• gains made on the disposal of shares in your family trading company if you are an employee or director of that company

The relief allows these gains to be taxed at a special rate of 10% rather than the full rate of 18% or 28%. You can claim on more than one occasion up to a cumulative maximum of (currently) £10m.

Qualification rules for ER are not simple. Contact our tax advisers, who will work with you to review your business and determine its position, enabling you to plan ahead with confidence.

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