Entrepreneur relief

Provides a 10% CGT rate for disposals of chargeable business assets, owned for not less than three years, up to a lifetime limit of €1m. It does not apply to development land or investment assets (s 597AA).

For disposals of private company shares, the disponer must have:

  • owned not less than 5% of the shares in the trading company (or its holding company),
  • been a full-time working director of the company for not less than three years prior to the disposal.