Entrepreneurs Relief

[27Spots]

Evening,
I’d be grateful for confirmation of my thinking here - holding company owned 50:50 by two shareholders. Holding company owns 100% of trading company.
Holding company shareholders wish to ‘sell the business’ - ER is available on the disposal of their shares, isn’t it?
(All ownership criteria are met.)
Is there anything else to consider?
Thanks.

[SteLacca]

What does the rest of the group look like? The criteria is not a disposal of of shares in the holding company of a trading company, but is a disposal of shares in the holding company of a trading group. If there are other subsidiary companies that hold investments, then you need to consider whether or not it is a trading group in accordance with TCGA S165A (See 165A(8))