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Jan
03rd
10% TAX BREAK TO END By: Gordon
If you are thinking of winding up your company and qualify for Entrepreneurs’ Relief then you have until 28 February 2012 to act to obtain the 10% CGT tax break under ESC 16
This is only viable if you have retained reserves over £25,000 as the new rules allow this sum to be classified as capital
Please contact Haxton, Chartered Accountants for a review as soon as possible
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