Increase Entrepreneurs' Relief Lifetime Allowance

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Petition Action

Increase Entrepreneurs' Relief Lifetime Allowance

Additional Information

Entrepreneurs who sell or dispose of their business interests can claim Entrepreneurs' Relief, a reduction in Capital Gains Tax liability, provided the assets qualify.

There is presently a lifetime allowance of £10,000,000 of gain that will be taxed at the reduced 10% rate - more information is available at www.kingswoodllp.co.uk.

Sign this petition for the extension of the Entrepreneurs' Relief Lifetime Allowance from £10,000,000 to £15,000,000.

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