CG64120 - Entrepreneurs’ Relief: calculation: introduction: scope of guidance
The guidance between CG64125 to CG64145 deals with calculation of the amount of the “chargeable gains” after Entrepreneurs’ Relief. The following are covered:
| CG64125 | Amount of the relief - General | TCGA92/S169N |
| CG64130 | Amount of the relief – General – Examples | |
| CG64135 | Amount of the relief – General – Held over gains | |
| CG64136 | Amount of the relief – General – Rolled over gains | |
| CG64140 | Special provisions for certain Trust disposals | TCGA92/S1690 |
| CG64145 | Special provisions for certain associated disposals | TCGA92/S169P |
Entrepreneurs’ Relief does NOT give a blanket exemption from Capital Gains Tax where the relevant qualifying conditions are met. It acts to reduce the amount of qualifying gains to arrive at “chargeable gains” that are then liable to Capital Gains Tax at the normal rate.
