Alphabet shareholders will welcome Government revisions to Entrepreneur’s Relief rules, say tax experts

Paul Bricknell
Manchester commercial law firm Kuits has welcomed the Government’s revisions to its proposed changes to Entrepreneur’s Relief (ER) Rules. Last month, tax experts at the firm commented that the proposed amendments would severely prejudice shareholders with alphabet shares in companies from getting ER. What were the old rules for Entrepreneur’s Relief? ER provides individuals selling shares in a trading company the opportunity to reduce their Capital Gains Tax charge from 20% to 10%. The conditions prior to the autumn bud... For the full story register now for free or login below...