CG17950 - Taper relief: business asset: personal representatives: Taper relief does not apply to disposals before 6 April 1998 or after 6 April 2008

TCGA92/SCHA1/PARA6 (2)

A company is a qualifying company of the personal representatives of a deceased individual if it is:

• a trading company or the holding company of a trading group, see CG17953; and
• for periods before 6 April 2000, the personal representatives were able to exercise at least 25 per cent of the voting rights, see CG17951, in that company, or
• for periods from 6 April 2000, either the company was unlisted, see CG 17953, or the personal representatives were able to exercise at least 5 per cent of the voting rights, see CG17951, in that company.