I am hoping to 'strike off' a limited company and distribute the assets to the shareholders. Entrepreneurs relief could be claimed to help reduce the CGT liabilities. However the directors of the limited company want to set up a partnership to trade in a similar, but smaller, fashion in the future. I have read that there needs to be a two year period without trade after the ER is claimed. Is this true? If it is true how different does the new partnership need to be to make ER eligible for the original disposal? Many thanks for any opinions/help.