Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Qualifying corporate bonds: Entrepreneurs’ Relief

FA 2008 introduced Entrepreneurs’ Relief. Although gains that accrue on the disposal of qualifying corporate bonds are not chargeable gains nevertheless such a disposal may trigger a gain that has been deferred under TCGA 1992 section 116(10). The legislation for Entrepreneurs’ Relief (TCGA 1992 sections 169H - 169S) contains specific rules for gains that are deferred under section 116(10). The original rules apply from 6 April 2008 to 22 June 2010, CG64160 provides full details. F(No2)A 2010 changed those rules for relevant transactions occurring on or after 23 June 2010. CG64161 provides full details.