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    Capital gains tax - Reliefs - Reliefs for business assets - Business Asset Disposal Relief - 51000

    Business Asset Disposal Relief (known as Entrepreneurs' relief in the 2019/20 and prior tax years) reduces the rate of tax on qualifying business disposals to 10%. The relief is available to individuals...

    Capital gains tax - Reliefs - Reliefs for business assets - Business Asset Disposal Relief - Operating the relief - Claiming - 51145

    The deadline for claiming the relief is the first anniversary of 31 January following the tax year of the qualifying disposal. Typically this will be done by making a claim in the self-assessment...

    Capital gains

    Capital gainsRatesChargeable persons2018/192019/202020/212021/22Individuals - general rates* (Individuals rate applicable to gains on residential property, where not covered by exemption or relief)10%/20%10%/20%10%/20%10%/20%Trustees...

    Capital gains

    Capital gainsRatesChargeable persons2018/192019/202020/212021/22Individuals - general rates* (Individuals rate applicable to gains on residential property, where not covered by exemption or relief)10%/20%10%/20%10%/20%10%/20%Trustees...

    Capital gains

    Capital gainsRatesChargeable persons2018/192019/202020/212021/22Individuals - general rates* (Individuals rate applicable to gains on residential property, where not covered by exemption or relief)10%/20%10%/20%10%/20%10%/20%Trustees...

    Rent or business asset disposal relief checklist

    Rent or business asset disposal relief checklistIf you personally own property that your company uses for its business, there can be tax advantages to having the company pay you rent. However,...

    Changes to entrepreneurs’ relief

    Changes to entrepreneurs’ relief..Budget. With everything else happening in the world, 11 March 2020 already feels like a long time ago. However, the 2020 Budget contained some key...

    Budget highlights 2020

    The Chancellor delivered a long-awaited Budget that promises to lay the foundations of the UK’s future prosperity. What are the key tax announcements to be aware of?

    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...

    1. Business taxes - Corporaton tax rates

    Corporaton tax ratesThe corporation tax rates were aligned on 1 April 2015 when the main rate fell to 20%. This rate is set to continue. The 2015 Finance Bill will include a provision...