Entrepreneurs’ Relief (‘ER’) is so well known it is often taken for granted by those disposing of their business.

This valuable relief reduces the rate of tax to 10% on gains of up to a lifetime limit of £10 million and is designed to benefit those who create and develop economic growth. However all too often issues jeopardising the availability of ER are only identified when advising on an imminent disposal.This is frequently too late to remedy the problem and can be a costly mistake. This Handy Guide provides information on what you need to know.

Contributor

Isobel d'Inverno

Director of Corporate Tax