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BADR for sale of Ltd company

Di Mo
Posted Wed, 28 Feb 2024 09:48:32 GMT by Di Mo
My company was registered in Feb 2023 but did not start trading until Oct 2023. We now need to sell the Ltd company due to a life event but want to utilise BADR 10%. Would the two years start from Feb 2023 or Oct 2023, from Feb to Oct the business was being set up and we were waiting for regulatory paperwork to be received and signed off by Dept of Health before we could trade.
HMRC Admin 25 Response
Posted Fri, 01 Mar 2024 16:38:31 GMT by HMRC Admin 25 Response
Hi Di Mo,
Please refer to our web page:
Business Asset Disposal Relief
Thank you. 
 

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