Entrepreneur’s Relief

Entrepreneur’s Relief is an important issue when considering instigating a Member’s Voluntary Liquidation to extract shareholder funds from a limited company in a tax efficient manner. Prior to 2020, the amount that you could claim under Entrepreneur’s Relief was capped at £10 million. This though was reduced in March 2020 to a maximum of £1 million and that is still the current limit that any one individual can claim.
For more information on Member’s Voluntary Liquidations, click here.

Should you wish to discuss this in more detail, then please contact anyone of either Richard Saville, Andrew Cordon, Jill Howsam or James Everist.