A relief from capital gains tax (CGT) that is available to individuals and trustees. It can be claimed for gains arising on disposals of businesses, shares in personal trading companies and associated business assets (section 169H-169V, Taxation of Chargeable Gains Act 1992). Relief applies an effective rate of CGT of 10% to qualifying gains falling within the cumulative lifetime limit of £1 million. For gains realised between 6 April 2011 and 10 March 2020 (with certain exceptions) the lifetime limit was £10 million.

Business asset disposal relief was called entrepreneurs' relief for tax years 2019-20 and earlier.

For an overview, see Practice note, Business asset disposal relief: overview. For a more detailed analysis, see Practice note, Business assset disposal relief .