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Hi Alan, My Client is a small builder operating as a company for many years but is still in his forties, who wishes to liquidate and avail of entrepreneur relief. If he ceases trading all he will have is Cash €400k and an investment in an apartment that produces rental income and is worth €100k. Does this mean he has no CBA in the company but has TCA of €100k so he does not qualify? What if he first sold the apartment and only had cash of €500k, Representing his years of trading profitably, could he qualify as CBA is Nil and TCA is Nil. Thanks

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Asked on 23 March 2017 3:39 pm