Helpful articles that cover entrepreneur’s tax relief and taxation for self-employed professionals and small business owners.
Entrepreneur’s Relief, relabelled as Business Asset Disposal Relief back in 2020, it can potentially help entrepreneurs save money on capital gains tax (CGT) when they come to sell their business.
There are a number of eligibility rules surrounding Business Asset Disposal Relief. Typically, you will need to have been a sole trader or business partner for at least two years to qualify for the relief.
Other eligibility criteria will depend on what business assets you are disposing of.