CGT – Entrepreneurs Relief

27th May 2013

Entrepreneurs Relief is a CGT relief available to taxpayers who sell or give away their businesses. Effectively, qualifying gains are taxed at 10%, rather than the normal rates (18%, 28%). It is available to the following people:

• Sole traders and partners selling the whole or part of their business.
• Company directors/employees selling a material stake in a trading company.
  • Material stake means that the