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Entrepreneurs' Relief... All Change!

Following the Budget, business owners will now pay 10% Entrepreneurs' Relief tax rate on lifetime gains of up to £1m, compared with the previous limit of £10m. Business owners who make any gains above £1m will now be charged standard capital gains tax rate, which is currently 20%.  

This announcement coupled with the potential effects of the coronavirus pandemic may have changed your strategy for future planning within your business. At Meridian we are experts in succession planning, company sales, raising finance and providing focussed guidance. With more than 18 years of successful deal experience, we work alongside business owners and management teams, determining their strategic aims and are committed personally to deliver their ambitions, advising them throughout their business journey. 

We recognise that every business is unique, and to advise you on the best outcomes, we need to understand all aspects of what makes your business tick – not just the numbers! In a fast moving and constantly changing environment, our 'next step thinking' approach has been providing our clients with an unfair advantage since 2002.

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Kelly Cheales • Mar 12, 2020
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