You are using an outdated browser. Upgrade your browser today for a better experience of this site and many others.
Chartered Certified Accountants Tax Consultants Registered Auditors
DOUGLAS FAIRLESS PARTNERSHIP
0151 709 1931/9187 email@example.com
The minimum period throughout which certain conditions must be met to qualify for Entrepreneurs' Relief (ER) is being increased from one year to two years. This has effect for disposals on or after 6 April 2019, except where a business ceased before 29 October 2018. Where the claimant's business ceased, or their personal company ceased to be a trading company (or the holding company of a trading group) before 29 October 2018, the existing one year qualifying period continues to apply.
To qualify for ER, the company needs to be an individual's 'personal company'. This means that an individual must, throughout the relevant qualifying period:
For disposals on or after 29 October 2018, an individual must also satisfy either of the following:
Request your free initial consultation today, simply fill in our online form.
Our website contains a wide range of guides offering, tax, financial and business information, which we trust you will find useful.
For more information on what we can do for you please contact us.