Start your own Business Relief
Are there any restrictions for your business?
If you qualify for this relief, there are certain restrictions. You must have set up your business between 25 October 2013 and 31 December 2018. It must be:
- set up by you
- a new business and not one that is bought, inherited or otherwise acquired
- unincorporated, that is, it must not be registered as a company.
If you set up a new company to carry on a new business, you should consider whether the relief from Corporation Tax for start-up companies is relevant.
Next: How do you apply for the relief?