Market leading insight for tax experts
View online issue

Draft Finance Bill 2017 rules on the substantial shareholdings exemption

Speed read

The UK’s substantial shareholdings exemption (SSE) applies, in certain circumstances, to exempt gains arising on the disposal of shares by corporate shareholders. Following a government consultation last summer, draft legislation has been published for inclusion in Finance Bill 2017 proposing certain reforms to the regime. The reforms, which apply to disposals undertaken on or after 1 April 2017, should be welcomed by taxpayers as they generally simplify the existing regime and also extend relief to disposals by companies held by certain institutional investors.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
EDITOR'S PICKstar
Top