Taxation of Chargeable Gains Act 1992 section 169P

Amount of relief: special provision for certain associated disposals

Section 169P restricts the amount of Entrepreneurs' Relief available on associated disposals where the asset, or the individual's involvement with the business, does not fully justify relief on the whole gain.

• Where assets disposed of were only used for business purposes during part of the ownership period, relief is restricted to reflect the proportion of time the assets were actually in business use.
• Where only part of the assets disposed of were used for business purposes, relief is restricted to reflect the proportion of the assets actually employed in the business.
• Where the individual was involved in carrying on the business for only part of the period during which the assets were in business use, relief is restricted to reflect the duration of the individual's involvement.
• Where the assets were made available for business use in return for rent, relief is restricted to reflect the extent to which the rent paid was below the full open market rate.