Sat, 19 Jun 2010 | MERGER
The British Venture Capital Association has urged its members to persuade the leaders of their portfolio companies to lobby MPs expressing opposition to planned rises in capital gains tax.
The association has provided a template letter to be sent to MPs prior to the emergency budget on the 22nd of June. The letter argues that an exemption for all business assets from the tax is needed rather than simply maintaining or extending Entrepreneurs’ Relief.
At present, Entrepreneurs' Relief allows for the first £2m of gains from the sale of a business to be taxed at just 10 per cent.
This well-established scrap vehicle yard in Essex offers a unique opportunity to acquire a business with a significant stock of decommissioned parts and panels, alongside essential equipment such as forklifts and heavy demolition plant.
Opportunity to acquire a well-established engineering product and equipment distributor located in the heart of the West Midlands.
Presenting an exceptional opportunity to acquire a well-established specialist joinery business located in Southport, Merseyside.
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