BADR: Ran business for 3 years, incorporated 18 months ago - Business asset disposal relief

I set up a business in mid-2020 and began trading in late 2020. The business was registered as a general partnership where I was one of two partners. As the business grew we decided to transition into a limited company to allow us to raise money for the business from investors. We incorporated the company in Jan 2022. I currently own 50% of the company. I am an employee and director. The business has been run by me and trading continuously for 3 years. I am now considering selling 10% of my shares in the company. Given that I have ran the business continuously for 3 years, but have only owned shares in the limited for 19 months (given that we only incorporated in Jan 2022, will I qualify for BADR given the 2 year rule? Any help would be much appreciated.

Hi uqlist035,
In this scenario, the 2 year qualifying period will apply from the date of incorporation ie jan 2022.
The previous staus of the busines is not rolled over into the new business, so BADR will not apply until jan 2024.
Thank you. 

Hello, does this apply if the individual was a sole trade for several years, and then 18 months before he disposed of his share, the busines became a partnership with his wife? So overall he has owned the business for 10+ years, just a reduced percentage for last 18 months? Thanks!

Hi,
Please refer to Business Asset Disposal Relief
Thank you.