CAT business asset relief

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I have a client (company) who operates a shop that was built on land owned by the directors/shareholders parents. The parents now want to gift the land to the directors. Can the directors claim business relief? What if the parents gifted the land to the company? Are the parents liable for CGT on the transfer? The company never paid rent to the parents.

 

 

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Asked on 10 August 2017 10:13 am
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