Pay less Capital Gains Tax when you sell all or part of your business
Entrepreneurs Relief may be claimed by individuals, rather than companies, either as a sole trader, member of a business partnership, or a limited company shareholder in a trading business. It keeps Capital Gains Tax (CGT) to a rate of 10 per cent on the first £10m of any gains you make when you sell your business. Once you exceed that you will pay CGT at the higher rate (28 per cent).