.png)
.png)
Another year
KEY POINTS
- From 6 April 2019 the period throughout which the qualifying conditions for entrepreneurs’ relief must be satisfied is increased to two years.
- The importance of understanding when a business started.
- A new provision will enable a pre-incorporation period to be taken into account when considering share ownership.
- The new rules do not formally encompass share reorganisations so advisers and their clients must rely on HMRC’s interpretation.
- A two-year period of uncertianty after incorporation.
- An election may be made under TCGA 1992 s 169Q to disapply s 127 thereby triggering a taxable disposal for capital gains tax purposes.
From a policy standpoint I can...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
