In todays episode Adrian Lawrence talks about Business Asset Disposal Relief, which is the new name for was previously known as Entrepreneurs relief. This scheme replaced the previous regime, but still offers the same 10% tax rate on business disposals. The great think about it being that there remains a strong incentive to setup and develop a business as the tax on disposal is nothing like the rate back in the day which was your highest margin rate of tax, which could be as much as 45% today.
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