Entrepreneurs' relief and disposal of shares

When claiming entrepreneurs' relief on disposal of shares it is important to ensure that the definition of personal company falls within HMRC's parameters. Stephanie Webber ACA CTA, tax writer at Croner-i, explains 

In order for entrepreneurs’ relief to be available on a disposal of shares, the company concerned must be the personal company of the individual making the disposal, unless the shares were acquired on the exercise of a qualifying enterprise management incentives (EMI) option.

Your free features:

  • Breaking news and expert analysis
  • Customisable daily newsletters
  • Six free CPD learning modules each year
  • Personalised CPD tracker
  • Top 75 Firms league tables
  • Regulatory changes
  • Hardman’s Tax Data

Sign up to Business & Accountancy Daily

Related Articles
Subscribe