
The doubling of the lifetime limit for Entrepreneurs’ Relief from £5m to £10m is unexpected good news for owners of growing businesses and the maximum potential tax saving is now £1.8m.
- nothing has been done to address the five per cent shareholding requirement for Entrepreneurs’ Relief, which denies relief for many employee share and option holders; and
- the Entrepreneurs’ Relief rules remain inconsistent between different types of business and owner.
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