01792 310110 - Open Monday to Saturday 9am- 5pm
Are you looking for an Accountant?
"Great Prices and Great
Entrepreneurs’ Relief reduces the amount of the capital
gain to be taxed on a disposal of qualifying business assets on
or after 6 April 2008, as long as you have met the qualifying
conditions throughout a one year qualifying period either up to
the date of disposal or the date the business ceased. The relief
is subject to a lifetime limit of £5,000,000 of qualifying
capital gains for each individual.
Entrepreneurs’ Relief is available to individuals and some
trustees of settlements, but it is not available to companies
and personal representatives of deceased persons.
Entrepreneurs’ Relief must be claimed, either by the individual
or, in the case of trustees of settlements, jointly by the trustees
and the qualifying beneficiary. You must make a claim in writing
by 31 January, that is one year and 10 months from the end of
the tax year in which the qualifying business disposal is made.
For a qualifying business disposal in the tax year 2009–10
(ending on 5 April 2010) a claim for Entrepreneurs’ Relief
must therefore be made by 31 January 2012. A claim to Entrepreneurs’
Relief may be amended or revoked within the time limit for making
Husbands, wives, or civil partners are separate
individuals and may each make a claim. They are each entitled
to Entrepreneurs’ Relief up to the maximum amount available
for an individual, provided that they each satisfy the relevant
conditions for relief.
How to claim
Ring us on 01792 310110 for
an appointment as soon as possible. We will conduct a free review
for you to show you the actual savings you can make with this
and other tax planning measures.
traders, Partnerships and Ltd Companies welcome
are based in The Enterprise Zone, Morriston, Swansea and we cover
businesses in Swansea, Neath and Port Talbot areas. Abertawe Accountancy
Service is a friendly reliable accountancy service at an excellent
price. Give us a ring now on 01792 310110 to book your first meeting.
We pride ourselves
in taking an interest in your business. We not only look after your
accounts but can help the business grow with added services such
as business advice, protecting your assets, increasing your profits,
grants, free staff, marketing, loans and much more besides....
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Business Centre, 1-5 Peniel Green Road,
Swansea. SA7 9AP
Accountancy Service - Accountants in Swansea
Areas Covered : Morriston, Swansea, Birchgrove, Clydach, Port Tennant,
Landore, Brynhyfryd, Plasmarl, Tycoch, West Cross, Mumbles, Oxwich Bay, Oxwich,
Gower, Bryn Melyn, Neath, Briton Ferry, Cimla, Skewen, Hafod, Sandfields,
Port Talbot, Graig.