Whilst investigating ER I came across a comment from Moore Stephens:
Moore Stephens said Revenue & Customs projections suggest only £2 billion of Entrepreneurs’ Relief will be successfully claimed against capital gains tax bills this year, down from £3.5 billion in each of the past two years'.
George Osborne started to attack abuses (or perceived abuses) to the claim (abolish claim on goodwill etc) and then went before he could do any more.
Word on the street says that HMRC are undertaking a review of ER but what do you think? Should it be abolished or should it remain in place but possibly be rewritten?