entrepreneurs allowance on sale of close company..with investments!

entrepreneurs allowance on sale of close...

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am i right in thinking a client close company will lose some or all of entrepeneurs allowance in proposed sale as the sale of shares in the company will mean including a significant (more than 20% of balance sheet value, but not of income or time engaged by directors/shareholders) amount held in investments?

if so can the amount held on bank deposit and current account be accepted as being cash reserves for use within the company?

what will become of the sale - will ea be applicable on proportion of sale share attributable to 'business assets' and the rest at 28% (company share buy back wouldn't work as shares were a scrip issue!).

tying myself in knots here and big boys no longer appear to offer free advice! unless you could recommend an indemnified solution provider.

knock yourselves out people!

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