Entrepreneurs Relief where rent charged to limited company

Entrepreneurs Relief where rent charged to...

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I am aware of the situation that entrepreneurs relief (CGT) is not allowed in respect of
property forming part of a business sale,which is owned outside of the limited company
operating the business and for which the company pay the owners (also the company owners) an annual rent.In my case this has occurred for 2 years from March 2006 to
March 2008.In the event of stopping this arrangement is there any time apportionment in the event of a future sale or is it simply a case that if rent has ever been charged it automatically denies the relief?
Alternatively,are there any other means of mitigating this type of situation?
Replies will be greatly appreciated.
Mark Stevenson

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By User deleted
08th May 2008 16:38

Just and reasonable apportionment
The associated disposal rules require a just and reasonable apportionment in these circumstances. The third page of the following summary may be a starting point-
http://www.chiene.co.uk/pdf/entrepreneurs.pdf

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