Section 169H — Finance Act 2008: Introduction

Introduction 169H 1 This Chapter provides relief from capital gains tax in respect of qualifying business disposals (to be known as “ entrepreneurs' relief ”).

2 The following are qualifying business disposals—

a a material disposal of business assets: see section 169I, b a disposal of trust business assets: see section 169J, and c a disposal associated with a relevant material disposal: see section 169K.

3 But in the case of certain qualifying business disposals, entrepreneurs' relief is given only in respect of disposals of relevant business assets comprised in the qualifying business disposal: see section 169L.

4 Section 169M makes provision requiring the making of a claim for entrepreneurs' relief.

5 Sections 169N to 169P make provision as to the amount of entrepreneurs' relief.

6 Sections 169Q and 169R make provision about reorganisations.

7 Section 169S contains interpretative provisions for the purposes of this Chapter.