4Increase in entrepreneurs’ relief
This section has no associated Explanatory Notes
(1)In section 169N(3) of TCGA 1992 (limit on entrepreneurs’ relief)—
(a)for “£1 million” (in both places) substitute “£2 million”, and
(b)in paragraph (b), after “total of” insert “so much of” and insert at the end “as was subject to reduction under subsection (2)”.
(2)The amendments made by subsection (1) have effect in relation to qualifying business disposals occurring on or after 6 April 2010.