Howlader & Co Blog

entrepreneurs relief capital gains tax

IR35 And Entrepreneurs’ Relief

25th June 2021

From April 2021, reforms to IR35 - otherwise known as off-payroll working - now also apply to the private sector. It's a move that could make claiming Entrepreneurs' Relief the next step for many businesses. Medium and large-sized private sector businesses are now responsible for determining the IR35 status of their contractors. Workers who fall inside of IR35 must have Income more

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 more