Entrepreneurs Relief

I've just incorporated a partnership of estate agents as a limited company at the following approximate values: Goodwill (net of personal element) - £60k, Ongoing Contracts - £100k, fixed assets/we

Have a client who was 50% shareholder and joint director of his own company until a couple of years ago.  Sold his shares to the other director and resigned as a director at the same time,  but had


Husband has worked for a company for over 10 years as a director. He owned 25% of the ordinary share capital and 8 years ago transferred the shares to his wife who is not employed by the company.


I have recently taken on a client who sold their company in July 2008 for a cash sum and loan notes.


My husband and I bought a residential property 9 years ago  for business use. We changed the use to D1 and have run a day  nursery on the premises for the last 9 years.


The increase in the Entrepreneurs’s Relief lifetime allowance from £5m to £10m in the 23 March Budget is stimulating a bonanza of tax work, but also carries an increased risk of professional indemn


Andy White from CBW explains how Extra Statutory Concession C16 can reduce the tax liability when companies are struck off, and warns that it may become less generous when it moves to a statuto


I have made my client aware that HMRC may challenge the Entrepreneurs Relief claim we intend to make when we withdraw the £90k of cash remaining, under ESC C16.  He wants to know the kind of risk t


Political posturing during 2010 has turned Entrepreneurs' Relief into an effective vehicle for reducing tax  liabilities of small and business owners, according to Grant Thornton’s Mike Warburt

Client has terminal cancer and one of the options that he is keen on is to liquidate the company that he is 50% shareholder of such that funds are realised and then distributed but using ESC C16.