Entrepreneurs' relief reduces the tax payable on the sale on some or all of a business by someone who has shares in it or did so when it ceased. If all the conditions are met, you or your client will be eligible for tax relief, but what are those conditions and how can you be sure you’re getting the reliefs that you or your clients are due?

The course will explain how the relief is applied and all the requirements necessary for an individual trader, partner, trustee or shareholder to qualify. It will cover planning opportunities and pitfalls and how it applies in certain circumstances in particular, where other reliefs are involved.

Learning outcomes:

  • advise on how to benefit from a reduced rate of tax when selling a business
  • incorporate businesses or reorganise companies, whilst claiming or preserving relief
  • advise partners in a business who are selling their interest
  • know how to expand or make investments without losing relief
    understand the rules around retirement
  • understand how to grant employees share options and still qualify for relief on subsequent disposals.
This course has been reviewed and is up to date for the tax year 2017-18.

Course outline:

  • application, calculation and claims
  • unincorporated businesses
  • limited companies
  • associated disposals of assets
  • other matters relating to company shares.

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Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party supplier.