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.

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.


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

Where Taxpayers and Advisers Meet

Entrepreneurs Relief

Posts: 27
Joined: Mon Jul 04, 2016 10:37 pm

Entrepreneurs Relief

Postby 27Spots » Wed Feb 13, 2019 6:19 pm

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?

Posts: 448
Joined: Fri Aug 07, 2015 2:17 pm

Re: Entrepreneurs Relief

Postby SteLacca » Thu Feb 14, 2019 12:57 pm

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))

Return to “Capital Gains Tax, CGT”