Hundreds of private limited companies are being formed every day. If you are thinking of starting a new business, or are currently in business as a sole trader or partnership, you really need to be thinking about whether to trade…
Wellwood Hoyle Associates Limited
Philip C Hoyle FCCA Chartered Certified Accountant
Category: Limited company
Entreprenneurs’ Relief Curtailed
When you sell a business or shares in your personal company, the gain made on that disposal will normally qualify for entrepreneurs’ relief which applies capital gains tax (CGT) at 10%. Up to £10m of gains can qualify for this…
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