Business Asset Disposal Relief reduces the CGT rate on qualifying business disposals up to a lifetime limit. To qualify on a share disposal, you must hold at least 5% of the ordinary share capital and voting rights and have been an officer or employee for at least two years ending on the date of disposal. The qualifying conditions need careful checking as dilution of shareholding, certain share restructuring and some corporate reorganisations can inadvertently affect eligibility. For current BADR rates visit gov.uk/entrepreneurs-relief or speak to our tax team.