Finance Act 2020 (c. 14)

SCHEDULES

SCHEDULE 3 U.K. Entrepreneurs' relief

PART 1 U.K. Reduction in lifetime limit

Reduction in lifetime limit U.K.

1 U.K. In section 169N of TCGA 1992 (entrepreneurs' relief: amount of relief)—

(a) in subsection (4), for “£10 million” substitute “ £1 million ”;

(b) in subsection (4A), for “£10 million” substitute “ £1 million ”.