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Where Taxpayers and Advisers Meet

Incorporation Relief

Peter74
Posts:1
Joined:Sun May 01, 2022 2:53 pm
Incorporation Relief

Postby Peter74 » Sun May 01, 2022 2:56 pm

Hi
If incorporation relief applies and criteria is met for it when I incorporate my small sole trader business, are there any entries required in the capital gains section of my Self assessment tax return?
Thanks

pawncob
Posts:5090
Joined:Wed Aug 06, 2008 4:06 pm
Location:West Sussex

Re: Incorporation Relief

Postby pawncob » Mon May 02, 2022 7:19 pm

No.
https://www.gov.uk/incorporation-relief
With a pinch of salt take what I say, but don't exceed your RDA


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