Entrepreneur's Relief for refurb + let investment, CGT

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    Entrepreneur's Relief for refurb + let investment, CGT

    My company bought an empty building 6 years ago and refurbed every flat in the whole building and communal areas. If I sell the building and close down the company, is it possible for the company's Director and shareholder to qualify for Entrepreneur's Relief and pay 10% tax?

    Thanks in advance.


    #2
    The rules are changing and you may have to wait until after the budget :

    https://www.ftadviser.com/companies/...eneurs-relief/

    Comment


      #3
      Generally, Entrepreneurs relief isn't available for a property investment business.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

      Comment

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