Hi tutor,
Can you please clear my confusion for the date of claiming entrepreneur's relief. As in your lectures first it is said to make a claim for 2014/15 by 31 January 2016 and then one more date is available for making the claim i.e 31 January 2017.
Ask the Tutor ACCA TX-UK
Entrepreneur's Relief
The relief must be claimed within 12 months of 31 January following the end of the tax year in which the disposal was made, so for a disposal in 2014/15 the claim must be made by 31 January 2017. If I have given the date as 31 January 2016 then my apologies for the error.
Hmm ok
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