ICAEW’s Tax Faculty provides links to help practitioners find the latest tax rates, allowance and reliefs.
HMRC contact information, including telephone numbers, online options and postal addresses, together with tips.
Tax is a fast-moving and ever-changing world. Our expert staff and volunteers, and consultation work with government, means we can bring you the latest developments and expert opinions. Join today to access our resources and keep on top tax form.
ICAEW's Tax Faculty produces TAXguides to provide practical support on technical areas of tax.
Rishi Sunak delivered his first Budget of 2020 on 11 March. The Tax Faculty provides its summary of all the key tax announcements in this TAXguide.
Following the publication of TAXguide 04/19 ENTREPRENEURS’ RELIEF: Clarification of the new ‘5% proceeds test’ inserted by Finance Act 2019 - questions on scope of the new provisions along with HMRC responses, further questions have arisen on the Finance Act 2019 entrepreneurs’ relief legislation.
This TAXguide sets out a series of questions raised by the Tax Faculty with HMRC in order to explore the changes made to entrepreneurs’ relief, introduced in Finance Act 2019. HMRC’s replies are set out in full in this TAXguide.
Finance Act 2015 Changes to entrepreneurs' relief
Features and articles
Rachael Dronfield provides an update on entrepreneurs’ relief for trust business assets in relation to the Quentin Skinner 2005 settlement.
Julie Butler and Fred Butler examine the growing attraction of rollover relief.
11 March 2020: ICAEW chief executive Michael Izza believes Rishi Sunak’s first Budget as Chancellor was a remarkable one, delivered in volatile times, but the longer-term goal of improving public infrastructure on a fiscally sustainable footing is a very different challenge.
10 February 2020: whispers of reforms to entrepreneurs’ relief in the upcoming Budget have brought out supporters and detractors to the current regime. But what benefits does the controversial relief bring to business? And what good would scrapping it do?
Sue Moore reviews Slevin’s Guide to Entrepreneurs’ Relief, issue 11, by Kevin Slevin – a taxation specialist. She describes it as a thorough exploration of the complex and ever-evolving relief.
Webinars and recordings
An introduction to checking your national insurance contributions.
This TAXbite explains the 2018 and 2019 changes to entrepreneurs' relief, which was renamed business asset disposal relief (BADR) following the 2020 Spring Budget. The changes introduced include the two-year ownership test and the economic ownership test.
Bloomsbury Core Accounting and Tax Service
Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.
Expert commentary on the current UK capital gains tax legislation related to business asset disposal relief.
Chapter providing expert guidance on business asset disposal relief (previously called entrepreneurs’ relief) in relation to a business partnership.
Tax planning advice on winding up or disincorporating a family or owner-managed company, written for anyone who advises or runs one.
Tax planning advice on selling a family or owner-managed company, written for anyone who advises or runs one.
Detailed guidance on the capital gains tax reliefs that may apply on the sale of businesses, business assets, or a gift.
A chapter providing detailed guidance on business asset disposal relief (formerly entrepreneurs’ relief), written for SMEs and entrepreneurs in the UK.
Guidance on entrepreneurs’ and investors’ reliefs for individuals and trusts, highlighting tax planning opportunities.
Some resources that we link to may pre-date the latest amendments to the relevant tax regulations. While these links contain useful information, please treat them with appropriate caution.
HMRC internal manual providing detailed guidance on disposals, calculation of relief, share exchanges, trading companies and groups.
Annually updated helpsheets to help claimants decide if they are entitled to Entrepreneurs’ Relief.
Official guidance aimed at claimants on Entrepreneurs' Relief for Capital Gains Tax covering eligibility, working out tax and how to claim.
Report on research to understand businesses' awareness and experience of Capital Gains Tax and Entrepreneurs’ Relief to explore whether it incentivises investment or divestment business activities. Researchers surveyed individuals who had claimed the relief, those who had paid the full rate of CGT, and those who had done neither.
Bulletin describing a tax avoidance scheme that exploits Entrepreneurs' Relief. It describes how the scheme works and why it should not be used.
Report on qualitative research to explore the impact of Entrepreneurs’ Relief and Business Asset Rollover Relief, particularly in relation to business behaviours.
ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.