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CKLG Accountants writes:
As a partner or shareholder you can claim ER on the gain. However, you will need to reduce your business involvement by disposing of at least 5% of the partnership interest or company shares at the same time as the sale.
As sole-trader you need to sell the property with part or all of the business, or after the business has ceased to trade.
Talk to our Business Services Team before you sell your property to check what tax rate is likely to apply on the gain.
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