Comprehensive overview of Business Assets, their historical context, types, applicability in capital gains tax, key events, formulas, examples, and important considerations.
An overview of Enterprise Management Incentives (EMIs), an approved share option scheme for small high-risk unlisted companies to attract and retain key employees.
An in-depth look into Indexation Allowance, an adjustment for inflation on gains made before April 1998, and the transition to Entrepreneurs' Relief.
Taper Relief was a relief applied in computing the capital gains tax (CGT) charge on a capital gain, introduced in 1998 and abolished in April 2008. It provided tax reductions of up to 40% for non-business assets and 75% for business assets.
