Does this qualify for entrepreneur’s relief?

Mr A sells his unquoted trading shares (over 5%) to his family trust. He remains at the company and it continues as normal. This transaction will clearly trigger a CGT charge however, as the shares are still an asset of a continuing business for which he is involved, will he get ER on the sale?

 Many thanks

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Yes

MBK |

Are you sure

Markhamfc1 |

.

blok |
blok's picture

Not 100% sure

Markhamfc1 |