Entrepreneurs’ Relief – Important 2018/2019 Changes

Date: 
Thursday 31 January 2019
Time: 
08:00 - 09:30
Location: 
Brodies LLP, Brodies House, 31-33 Union Grove, Aberdeen
Audience: 

Categories:

  • Corporate Tax
  • Commercial Services

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: 
Karen Davidson
Karen
Davidson
Partner
+44 (0)141 245 6200
karen.davidson@brodies.com
Bob Langridge
Bob
Langridge
Associate
+44 (0)131 656 0277
bob.langridge@brodies.com