Entrepreneurs’ relief offers a valuable reduction in the capital gains tax payable on disposal of businesses and of shares in trading companies. Individuals can shelter lifetime gains of up to £10 million.

This concise new book, which also includes a brief chapter explaining the new rules for investors’ relief, is clearly written and attractively presented. The text is divided up according to the person making the disposal with (for example) separate chapters for shareholders and for sole traders. The book is aimed mainly at those new to the relief, or those who need a practical reminder of the essentials.

The book is written by Stephanie Churchill CTA (Fellow), TEP.

“This book is a slim volume and an easy read. It is a very good introduction to the topic for the beginner and also a very useful refresher for those who have some experience but who do not deal with entrepreneurs’ relief every day.” TAXline – August 2017

Contents include:

  • General principles
  • Qualifying shareholders
  • Qualifying companies
  • Associated disposals
  • Share exchanges
  • Sole traders
  • Partnerships
  • Trustees
  • Other issues (FHLs, Spouses, Interaction with Other Reliefs, Overseas Issues)
  • Investors’ relief