10% tax rate consultation concludes – F9 Consulting

ER Opportunity

Entrepreneurs Relief, HMRC’s flagship enterprise incentive introduced back in 2008, has become one of the most generous reliefs on the statute books.

In return for enterprise and investment in small business, executive shareholders are given access to a 10% tax rate on gains accrued as a result of all their hard work.

Over recent times ER has become somewhat of a victim of its own success, with the lifetime limit now increased from an initial £1m to £10m, ER became the corner stone of short term tax planning for small business owners.

Recently, over successive budgets, we have seen ER steadily fettered away and with consultation for the latest amendments now concluded, we have just a period of weeks remaining until we find out just how this round of changes will impact, however a window of opportunity still exists.

If you have built up company reserves in excess of £25,000 you can still release these at a flat 10% tax rate, however it is essential you start the process and talk to us today.

We have our dedicated Insolvency Practitioner working alongside our Tax Advisors and Accountants based in Canary Wharf, poised and ready to take your call.

We are working around the clock to ensure MVL’s and the associated capital distribution of reserves are completed prior to any potential rule changes introduced on the 6th April.

Failure to act is often the biggest failure of all

Contact us today.

Request a call-back

We love to hear from new clients, if you would like us to call you back, pop in your details, one of our qualified professionals will be in touch.

    Have your say, leave a comment…

    Your email address will not be published. Required fields are marked *

    City of London

    Second Floor,
    10 Trinity Square,
    London EC3N 4AJ
    Phone: 0207 100 1080

    Canary Wharf

    29th & 37th Floors
    One Canada Square,
    Canary Wharf, London E14 5AA
    Phone: 0207 099 1080


    First Floor
    81-85 High Street,
    Brentwood, Essex CM14 4RR
    Phone: 01277 223 278


    Chancery Place
    50 Brown St
    Manchester M2 2JT
    Phone: 0161 820 1080

    Opening Times

    Monday – Saturday
    8:00 AM – 6:00 PM