Entrepreneurs Week booklet digital - Catalog - Page 41
Entrepreneurs Week
2019
5.
If you are investing in
the UK from abroad
Business Investment Relief (BIR)
What does it do?
BIR is available to certain non-UK domiciled
investors. Broadly, the relief enables them
to invest funds from overseas in UK private
companies without incurring tax charges on
bringing the funds into the UK. Both equity
and debt investments can qualify for BIR.
Combining BIR with the other tax reliefs
and incentives covered above can be a
powerful combination for non-domiciled
investors, potentially enabling both the
initial investment and any capital growth to
be realised tax-free (or subject to
minimal tax).
Need help?
The Tax Team at Farrer & Co can help
design the most appropriate structure
for your business, to help maximise its
potential, incentivise investment and
ensure as much value is retained as
possible on sale.
We can implement the structure, explain to
all the participants how it works and make
any required applications to HMRC, helping
entrepreneurs focus on the day-to-day
demands of growing a successful business.
Please contact David Gubbay, James
Bromley, Charlotte Black, Katjana Cleasby
or your usual contact at Farrer & Co on
+44 (0)20 3375 7000.
Investments in listed companies,
partnerships and sole traders are excluded
from the relief. But otherwise most
investments into private companies which
trade in the UK (or which hold companies
that trade in the UK) can qualify for BIR.
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