This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Entrepreneurs relief implications - holding company

KAOWEN21
Posts: 1
Joined: Mon Nov 19, 2018 11:32 am

Entrepreneurs relief implications - holding company

Postby KAOWEN21 » Mon Nov 19, 2018 11:47 am

Good morning.

I have been advised to set up a holding company to shelter profits earned by my trading company. Unfortunately, my market is becoming vulnerable to the current climate.

I understand that if I make the correct representation to HMRC, I can go about this by a share swap and I can protect my future entrepreneurs relief opportunities. The question I have is; what it the correct process for the implementation of this plan?

Thank you
k

SteLacca
Posts: 432
Joined: Fri Aug 07, 2015 2:17 pm

Re: Entrepreneurs relief implications - holding company

Postby SteLacca » Fri Nov 30, 2018 9:50 am

Shares in a holding company of a trading group will qualify for ER autonomously. You don't need to do anything special to achieve this.


Return to “General”