Entrepreneurs’ relief – £10 million lifetime limit

The Chancellor announced that the entrepreneurs’ relief lifetime limit will be doubled from £5 million to£10 million.

This change must be positive for business but, as this is the only change to entrepreneurs’ relief, some will disappointed as there was some hope that the arbitrary requirement to hold 5% of ordinary share capital in qualifying companies would be removed to allow incentivisation of a wider class of employees and directors.

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