Capital gains of traders ― overview

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Personal Tax

Guidance

Capital gains of traders ― further guidance

Links to guidance note(s)

Incorporation. On incorporation of their business, a sole trader (or the partners in a partnership) will be treated as disposing of the assets transferred to the company. Where beneficial, it may be possible to defer any chargeable gains using incorporation relief, which defers any chargeable gains against the base cost of the company shares, or gift relief, which defers the gains against the base cost of the assets in the company

Incorporation

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