Business Asset Disposal Relief

A capital gains tax relief, formerly Entrepreneurs' Relief, charging a reduced rate on gains when you sell all or part of a qualifying business, subject to a £1 million lifetime limit. You generally need to have owned the business for at least two years. The relief has been trimmed repeatedly, so check the current rate before relying on it.

Figures are UK rates and change each April. Source: GOV.UK — Business Asset Disposal Relief