Industry professionals have commented on the tax changes including yesterday’s (13/03/2018) publication of the consultation on CGT Entrepreneurs’ Relief, following Chancellor Phillip Hammond’s 2018 Spring Statement, with Camilla Wallace, partner and head of the private client group at law firm, Wedlake Bell, describing the CGT Relief as “important” to trustees and beneficiaries of trusts that hold qualifying shares.
At the same time, Ms Wallace, also said the relief was “disappointing” as the rules will not be applied until 6 April 2019 and altohough "this proposed new...