Disqualified Company Director ordered to pay over £500k by court
Dodgy directors: You’ve been warned!
Election Risk to Entrepreneurs’ Relief?
In the hunt for extra revenue, one tax relief that the Chancellor (whomever is successful) is bound to look at closely is Entrepreneurs’ Relief. How can the tri group help with solvent liquidations before its too late?
What is Entrepreneurs’ Relief?
Entrepreneurs’ Relief is an attractive relief for payers of capital gains tax, when disposing of qualifying business assets, commonly shares in a trading company. Normally this is when the business has been sold or is coming to an end for some other reason, such as retirement. It brings a reduction in the rate of tax payable to 10%, as opposed to the usual rate of up to 28%.