The application of the National Living Wage ('NLW') and
compliance with National Minimum Wage ('NMW'), particularly in the
social care and retail sector, continues to be a focus of
government and press attention.
Entrepreneurs' Relief (ER) is an important capital gains tax
relief potentially available to both business owners and employee
shareholders that can reduce the tax rate on the sale of shares to
just 10% on the first £10m of lifetime gains.