After being left equal  shares in a family business ,we have now had an offer to buy the business.
The business had been run down and nearly closed during covid but is now running at a profit .
Is it the value  taken from the time of inheritance that would be used to calculate CGT ?.
Would this be up to each individual to pay this tax or the company directors . 


Meet your Ambassadors


  • All Categories
  • 341.8K Banking & Borrowing
  • 249.7K Reduce Debt & Boost Income
  • 449.2K Spending & Discounts
  • 234K Work, Benefits & Business
  • 606.2K Mortgages, Homes & Bills
  • 172.5K Life & Family
  • 246.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards