With CGT Entrepreneurs’ Relief in the spotlight, business owners are encouraged to plan carefully, or risk losing 1/5 of company value
For many years business owners have come to expect to benefit from the Capital Taxes regime, not least due to Entrepreneurs’ Relief (ER) which can effectively reduce the tax paid on gains from 20% to 10%, securing a very significant CGT saving on the sale of a business. However, ER has repeatedly come under scrutiny […]