Category: Professional Director News

Professional Director News

How to Pay 0% Tax When Selling Your Company

Tax Free Company Exits; Employee Ownership Trusts, EOTs, can allow Owner Directors to sell their companies without paying any Tax. Before April 2020, subject to meeting certain criteria, director shareholders could sell their shares and only pay 10% on gains up to a lifetime limit of £10m. That was the Entrepreneurs Capital Gains Tax Rate. … Read more »

David and Goliath

David and Goliath

The Professional Directors Association received an email on 3 August from Dr Roger Barker, the Director of Policy and Governance at the Institute of Directors. In that email he wrote, “I have been asked to contact you by the IoD Director General” and later wrote, “The IoD is concerned about the apparent similarity of the… Read more »