Capital Gains Tax: Entrepreneurs' relief: cessation of business | Practical Law

Capital Gains Tax: Entrepreneurs' relief: cessation of business | Practical Law

The First-tier Tribunal has held that an individual who used to sell second-hand cars was entitled to entrepreneurs’ relief on the capital gain on the disposal of the property where he had previously carried on his trade.

Capital Gains Tax: Entrepreneurs' relief: cessation of business

Practical Law UK Articles 1-561-9227 (Approx. 3 pages)

Capital Gains Tax: Entrepreneurs' relief: cessation of business

by Norton Rose Fulbright LLP
Published on 27 Mar 2014United Kingdom
The First-tier Tribunal has held that an individual who used to sell second-hand cars was entitled to entrepreneurs’ relief on the capital gain on the disposal of the property where he had previously carried on his trade.