CGT entrepreneurs' relief - reduction in the lifetime limit

The lifetime limit for capital gains tax (CGT) entrepreneurs' relief is reduced from £10 million to £1 million for qualifying disposals made on or after 11 March 2020.

There are special provisions for disposals made before 11 March 2020 that have not been completed.

HMRC have also published a technical note explaining the reduction. View the technical note Reduction in the lifetime limit for Entrepreneurs' Relief.

Added By: Sharon Worger on 12th Mar 2020 - 16:02
Last Updated: 12th Mar 2020 - 19:36

Number of Views: 62
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