Entrepreneurs’ Relief – Important 2018/2019 Changes

Date: 
Thursday 21 February 2019
Time: 
08:30 - 10:00
Location: 
Brodies LLP, 15 Atholl Crescent, Edinburgh

Categories:

  • Commercial Services
  • Corporate Tax

Entrepreneurs’ Relief can reduce the capital gains tax on a sale of shares from 20% to 10% provided various conditions are met. Budget 2018 made some significant changes to the rules which mean it is now harder to qualify for the relief.

This seminar will outline:-

  • The new requirement to hold 5% of the ordinary shares entitled to 5% of the economic value of the company as well as 5% of the voting rights
  • The requirement to meet the Entrepreneur's Relief conditions for two years rather than 12 months for disposals on/after April 6 2019
  • Steps to take now to make sure you will qualify
  • How the new regime affects EMI and other share options
Speakers: 
Isobel d'Inverno
Isobel
d'Inverno
Director of Corporate Tax
+44 (0)131 656 0122
isobel.dinverno@brodies.com
Nigel Watson
Nigel
Watson
Partner
+44 (0)131 656 3720
nigel.watson@brodies.com
Bob
Langridge
Associate
+44 (0)131 656 0277
bob.langridge@brodies.com