Taper Relief

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August 31, 2024 4 min read Definitions

Taper Relief: Historical Capital Gains Tax Relief Mechanism

Finance Taxation Capital Gains Tax Taper Relief Entrepreneurs' Relief Private Equity Tax Avoidance

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.

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