CGT Reliefs for SMEs and Entrepreneurs

By: Chris Williams, Satwaki Chanda
ISBN: 9781526502797

Print

£130.00
Buy Now

Tax Online Subscription

FREE TRIAL
Sign Up

About CGT Reliefs for SMEs and Entrepreneurs

The specialist technical information guides you through the reliefs available for your clients’ capital transactions, compares and contrasts how different types of businesses can benefit and gives guidance on how to avoid the pitfalls put in place to prevent the abuse of those reliefs. It outlines the calculation, process and application of the key tools that allow gains to be deferred, held-over or extinguished, as well as addressing the use... Read more

About CGT Reliefs for SMEs and Entrepreneurs

The specialist technical information guides you through the reliefs available for your clients’ capital transactions, compares and contrasts how different types of businesses can benefit and gives guidance on how to avoid the pitfalls put in place to prevent the abuse of those reliefs. It outlines the calculation, process and application of the key tools that allow gains to be deferred, held-over or extinguished, as well as addressing the use of capital losses which may arise. The emphasis is on entrepreneurs’ relief, EIS, SEIS and social investment relief.

It is structured to reflect the changing needs of a business and its owners throughout the business lifecycle; from sole-trader to incorporation, expansion to a group, withdrawal of the founders, passing-on the business and disincorporation

Brought up to date in line with Finance Act 2017.

Table of Contents

1. The life of a business
2. Business asset roll-over relief: conditions
3. Business asset roll-over relief: calculation
4. Incorporation relief
5. Entrepreneurs’ relief
6. Investors’ relief
7. Seed Enterprise Investment Scheme
8. EIS deferral and disposal reliefs
9. EIS deferral relief: withdrawn or clawed back
10. Social Investment Tax Relief
11. Groups of companies
12. Intangible asset roll-over relief
13. Substantial shareholdings exemption
14. Reliefs on exchange of shares
15. Negligible value and share loss relief
16. Business asset hold-over relief: conditions
17. Business asset hold-over relief: calculating the held-over gain
18. Business asset hold-over relief: exceptions, claw-back and valuations
19. Trusts as business ownership vehicles
20. Compulsory acquisition of land
21. Compensation and insurance receipts
22. Employee share ownership: SIPs, EBTs and EOTs
23. Employee-ownership trusts
24. Disincorporation relief
25. Planning with CGT reliefs: risks and anti-avoidance

BPro Tax

Tax Online

Online access to Bloomsbury Professional books, looseleafs and journals, across numerous practice areas. Free Trial