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Ordinary share capital and loss of entrepreneurs’ relief

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29 April 2019

Issue: 4693 / Categories: Tax cases , Capital Gains

Philip Hunt (TC7057)

The First-tier Tribunal rejected a claim to capital gains tax entrepreneurs’ relief because the taxpayer held less than 5% of the ordinary share capital of a company. This was despite his having more than 5% of the voting rights. This case is covered in Kevin Slevin’s article, ‘Pointless?’.

Issue: 4693 / Categories: Tax cases , Capital Gains

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