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Entrepreneurs Relief, post retirement

I own 6.5% of a company where I have worked for about 10 years ...

I own 6.5% of a company where I have worked for about 10 years and I receive dividends.  I am retiring later this year and will retain the shares but believe that the company will be sold in about 5 years.  What I would like to know is will I be entitled to entrepreneurs relief at the time of the sale or will I forfeit it because I'm no longer an employee or director.

Many thanks in advance for any thoughts/guidance.

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By Ruddles
16th Jan 2018 16:24

You will not be eligible for ER.

You may not even be eligible for capital gains tax treatment on the whole of any gain.

I think that you should condult (sic) a tax adviser.

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