Year: 2020

Reduction in entrepreneurs’ relief

Entrepreneurs’ Relief was widely expected to be abolished or curtailed in this year’s Budget given that the Conservative Party manifesto stated that it would “review and reform” the relief. However, the 2020 budget has instead shrunk the relief back to its original £1m – the same as when it was introduced in 2008. The reduction…

Sale of shares in lottery provider £5m

2020 looks to be as exciting as 2019! We have a number of transactions in progress. The successful sale of shares in UK lottery provider Gatherwell Limited to Australian listed Jumbo Interactive for £5m continues to work well for our clients (sellers). This was a complex deal, involving the Gambling Commission and both English and…
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