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Entrepreneur's relief

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Entrepreneur's relief

  • This topic has 1 reply, 2 voices, and was last updated 9 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • July 11, 2016 at 11:05 am #325407
    saherzaidi
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Hi,

    My name is Saher and I have a question regarding Entrepreneur’s Relief. If Mr A sells shares in Inv co which is a holding company of a trading company. Can Mr A apply for Entrepreneur’s relief? (Assuming all other conditions are met).

    July 14, 2016 at 3:18 pm #325907
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    If it is simply the holding company of a trading group – its investments are shares in trading subsidiary companies – then yes entrepreneurs relief will be available

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