entrepreneurs relief and late completion

entrepreneurs relief and late completion

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A client is selling a farm and will want to claim entrepreneurs relief.  Contracts to be signed in mid February and completion on 1st July.  Late completion is due to a farm contract lease ending on 30th June.  Will this affect the entrepreneurs relief claim on the date of signing in February with the details of the sale being put on the 11/12 Income tax return but accounts being finished on the 12/13 return.  I realise that the date of sale is the signing of the contract not completion could the condition of the ending of the farm contract lease be a situation whereby it would move the date of sale from contract date to completion.  I am more worried about the possible loss of entrepreneurs relief with the long delay than the paying of capital gains tax in January 2013

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