Archive for January 2020
Why scrapping entrepreneurs’ relief would be such a bad idea
Entrepreneurs’ relief, which allows founders and investors in small businesses to pay a reduced 10% rate of Capital Gains Tax when they sell up, could soon be restricted or scrapped altogether, with rumours that Chancellor Sajid Javid will make an announcement in the Budget this March. At the moment if you sell a business you…
Read MoreWill the Value of a Letting Agency Rise Further?
The value of a residential sales business is currently about 25% of what it was before the Brexit vote. The reason for this is economic uncertainty and a lack of confidence in the housing market. The value of a let-only letting business is about 50% of what it was before the Brexit vote. This is…
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