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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.
FD Capital Recruitment are a niche London based recruitment boutique that is focussed on Finance Director and CFO recruitment, if you are a business looking for your next senior finance professional then make sure to reach out to them via their website. Their team have lots of M&A experience, debt and equity fund raising plus experience with taxation and business exits. Visit their website at FD Capital to learn more.
