Sale of 50 % of shares in Trading co By Holding Co. Will BPR still apply?

Afternoon, hope you can help me on something

If a Holding Co who itself owns the premises of its only subsiduary trading co, sold 50% of its shares in the trading co, would the abscence of a majority holding mean that BPR is lost on holding co shares?


 I hope that the answer 'no', although HMRC manuals without finding anything specific point to this being so.

Any help greatly appreciated.




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In principle you lose BPR



Anonymous |


austwick |

Thinking about it

austwick |

The Companies Act....


thanks Jon, much appreciated

austwick |