Business Asset Disposal Relief (BADR) 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. The qualifying conditions need careful checking — dilution of shareholding, share restructuring and some corporate reorganisations can inadvertently affect eligibility. For current BADR rates and the lifetime limit visit gov.uk/entrepreneurs-relief or speak to our tax team.