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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...

    Flow chart - business asset disposal relief

    Flow chart - business asset disposal relief Business asset disposal relief (BADR), known as entrepreneurs' relief until 6 April 2020, reduces the rate of capital gains tax for on gains made from...

    How to secure business asset disposal relief on property

    Your client is a higher rate taxpayer. He is looking to sell some of his let property portfolio within the next four years. What can you advise him to do to potentially save 18% on the eventual...

    Small business incorporation - minimising tax without BADR

    Your business is growing steadily and your accountant has advised you transfer it to a company to save income tax. For maximum tax efficiency should you do this immediately or delay?

    Business asset disposal relief checklist

    Business asset disposal relief checklistWhen you sell or transfer all or part of your business you might be entitled to claim business asset disposal relief in respect of any capital gain you...

    Capital gains tax calculator

    Capital gains tax calculator This calculator has three separate capital gains tax tools; one for sales of land or buildings one for the sale of chattels and other for share sales.How to...

    Dilution protection elections: valuing the shares

    Your client is a minority shareholder in a company whose shareholding has recently been diluted to below 5%. They are considering making an election to lock in the 10% tax rate. How will the...

    Capital gains tax - Entrepreneurs’ relief (business asset disposal relief) - Lifetime limit cut

    Lifetime limit cutEntrepreneurs’ relief (ER) was introduced in 2008 and operates to apply a special 10% rate of CGT to gains made on qualifying disposals. Mainly, this applies to disposals...

    Make incorporating your business more tax efficient

    Anti-avoidance rules limit capital gains tax entrepreneurs’ relief for owners of unincorporated businesses when they transfer their business to a company. Despite this it’s still possible...