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Practice Manager at Clement Rabjohns, the accountants of choice for successful people and businesses.

Business Asset Disposal Relief (BADR) applies to the sale of a business, shares in a trading company or an individual’s interest in a trading partnership. Where this relief is available sellers can benefit from a 10% tax charge on exit from their business if BADR is available. When the relief is available Capital Gains Tax (CGT) of 10% is payable in place of the standard rate. #SellingBusinessAssets #CGT #BADR

Entitlement to Business asset disposal relief

Entitlement to Business asset disposal relief

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