How Do I Avoid Capital Gains Tax (CGT) When Selling My Business?

Avoiding Capital Gains Tax entirely when selling a business is challenging, as the tax is typically applicable to gains from the sale of business assets. However, there are strategies to potentially reduce the impact of CGT:

• Entrepreneurs’ Relief (Business Asset Disposal Relief)
• Holdover Relief
• Reinvestment Relief
• Planning with Advisors

Note that tax laws and regulations change, and specific circumstances can impact the applicability of these strategies. Consult with tax experts and advisors to devise a strategy that aligns with your goals and complies with current tax laws.