Tag Archives: BADR

Ready…steady…no!

Business asset disposal relief (BADR) is a very popular relief for individual business owners, offering a capital gains tax rate of only 10% on chargeable gains from qualifying business disposals, subject to a lifetime limit of £1 million (for 2022/23). A ‘business’ for BADR purposes means anything which is a trade (or profession/vocation), and is… Read More »

Purchase of own shares: Worth the bother?

For individual shareholders of family or owner-managed trading companies, a company purchase of own shares (CPOS) can be a useful ‘exit’ strategy in the right circumstances, subject to certain company law requirements being satisfied. Income or capital? When the company buys back its own shares from the shareholder, any ‘premium’ (i.e., payment exceeding the capital… Read More »