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Posted Mon, 02 Sep 2024 14:31:01 GMT by Milientes
My wife and I have run a qualifying furnished holiday let for 11 years. We are a registered partnership. We have recently sold this business and have made a gain in this 2024/25 tax year. What are the required steps to record the gains and to claim Business Asset Disposal relief (BADR)?
Posted Wed, 11 Sep 2024 14:19:30 GMT by HMRC Admin 25
Hi Milientes,
Please see guidance here:
Report and pay your Capital Gains Tax
Business Asset Disposal Relief
Thank you. 

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