Asset extraction

A B & C own 1 share each in H Ltd which owns freehold property, indexed cost £350k MV £250k and 100% shares in T Ltd MV £450k which does the trading. AB&C want to sell T Ltd and retain the properties, but how do they secure minimum tax payable. Entrepreneurs relief is only available on H Ltd. How can they get the properties out of H Ltd so they can sell H Ltd to the third party ?

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cparker87 |

SSE

BKD |
BKD's picture

Liquidation demerger

gbuckell |

Demerger

BKD |
BKD's picture

Entrepreneur's relief

gbuckell |

To Cparker87

hpyatt |

Reply to SSE

hpyatt |

Reply to Liquidation demerger

hpyatt |

Reply to Entrepreneur's Relief

hpyatt |

Reconstruction

gbuckell |