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UK Tax Relief for Entrepreneurs

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Understanding Business Asset Disposal Relief can significantly impact the financial result when selling your business or its assets. This relief offers a reduced Capital Gains Tax rate, making it an essential consideration for UK business owners. Let's break down how this works and what you need to qualify.

A business owner, ethnically diverse, studying documents or a laptop related to Business Asset Disposal Relief, with icons or symbols representing key aspects of the tax relief.
A visual representation of various special cases and exceptions related to Business Asset Disposal Relief, such as EMI shares, business property sales, and trustee claims, using icons or symbols.
  • HM Revenue & Customs. Business Asset Disposal Relief. [Internet]. 2023 [cited 2023 Apr 11]. Available from: https://www.gov.uk/guidance/business-asset-disposal-relief
  • Ross-Thomas E. Entrepreneurs' Relief: The £1 million Cap, What Does it Mean for You? Forbes Advisor UK [Internet]. 2022 [cited 2023 Apr 11]. Available from: https://www.forbes.com/uk/advisor/tax/2022/03/29/entrepreneurs-relief-the-1-million-cap-what-does-it-mean-for-you/
  • Vere K. Entrepreneurs' Relief Tax Changes Confirmed in Budget. Money Marketing [Internet]. 2021 [cited 2023 Apr 11]. Available from: https://www.moneymarketing.co.uk/news/entrepreneurs-relief-tax-changes-confirmed-in-budget/

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