Taper relief

[dunthinking]

An individual is a 100% shareholder in a company which owns property and lets the properties to shops.

The company has being doing this for 20 years and he has been a shreholder all this time.

He is wanting to sell his shares and wants to know if he is eligible for full taper relief.

[Harley]

Most commercial activities are trades, but property investment (apart from furnished holiday lettings) is not classed as a qualifying trade for CGT Taper Relief.