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Tax relief when selling your business

Tax relief when selling your business{{}}

Entrepreneurs’ relief can allow you to pay less capital gains tax when you sell your business. If Entrepreneurs’ relief applies, the rate of CGT is reduced to 10%. Entrepreneurs’ relief can apply to sales of unincorporated businesses or personal trading companies — provided qualifying conditions are met.

Tax relief when selling your business >>

Tax penalties

Tax penalties{{}}

“Payment of disputed tax and tax penalties can usually be partly or completely postponed during a review or an initial appeal to the tax tribunal — but interest will be charged on any amounts due after the case is settled”

Tax penalties >>

VAT registration

VAT registration{{}}

“VAT registration is compulsory when business reach or expect to exceed the VAT threshold. Even if your turnover is below the threshold, there can be advantages to voluntary VAT registration”

VAT registration >>

50% off delivery & fulfilment

Frillo{{}}Frillo is the clear and convenient way for businesses to buy products and services. With everything from office supplies to furniture and business insurance, Donut users get an exclusive 50% off their delivery and fulfilment fee. Read more…

Advice for would-be exporters

EU flags puzzle{{}}

Looking to grow your business by expanding into overseas markets? If so, see our guidance for international traders on export VAT and tax responsibilities and international tax planning. You can also find a range of Free Open to Export webinars >>

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