Qualifying for Entrepreneurs Relief

Share Button

In order to qualify for certain Capital Gains Tax reliefs on the disposal of your Company, ensure that before you sell it or wind it up that your Company’s investments ( e.g. cash in the bank) are no more than 20% of its total assets for more than 12 months prior to closure/sale. One way to do this tax efficiently is for your Company to use surplus cash to pay a substantial pension contribution to you.

Share Button

No Comments Yet.

Leave a comment