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All glossary terms

Glossary term

Business Asset Disposal Relief

Reduced UK CGT rate on disposals of qualifying business assets.

Related terms

1

Jurisdictions

gb

Definition

Business Asset Disposal Relief (formerly Entrepreneurs' Relief) provides a 10 percent CGT rate on disposals of qualifying business assets up to a lifetime limit of 1,000,000 GBP. The lifetime limit was reduced from 10,000,000 GBP in 2020.

Examples

  • A UK business owner selling their qualifying trading company pays 10 percent CGT on gains up to the 1,000,000 GBP lifetime cap.

Translations

ESalivio por disposición de activos empresariales
ZH商业资产处置减免
DESteuererleichterung bei Unternehmensveräußerung
FRallègement pour cession d'actifs commerciaux
JA事業資産処分救済

Citations

TCGA 1992 · 169H

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