Hope you can help!
I have a trading partnership, (husband/wife) who also own the commercial unit that the partnership trades out of. Happy that they should qualify for entrepreneurs relief.
However, they are considering selling the property and business at different times to different parties.
It's my understanding that in order to claim entrepreneurs relief on everything, the must dispose of the business along with the property - is this correct?
If this is the case, can these two assets be sold to different parties without endangering the entreprenuers relief?
Thanks everyone!