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Is a share sale classed as Income for Tax free childcare and child benefit?

Posted Sat, 27 Jan 2024 09:50:07 GMT by
We have just sold 20% of our company. The share sale exceeds £100k. Is a business asset disposal like this classed as "income" for the purposes of calculating net income for Tax Free Childcare and Child Benefit?
HMRC Admin 19 Response
Posted Wed, 31 Jan 2024 08:36:29 GMT by HMRC Admin 19 Response
Hi,

No, as this falls under capital gains.

Thank you.

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