How to claim Entrepreneurs Relief

1. Open PTP Tax Platform and select the client.

2. Select the Client Tax Returns tab, click on the Tax Return then select View Tax Return.

3. Click the Fanned Pages icon within the Capital Gains Summary section.

4. Either click View to access the existing capital gains information or click Add to enter new data into this section.

5. Click on the Access to Details option.

6. Enter the Asset description and select the Type from the drop-down list then select the Business Asset option within the Capital Gains screen:

7. The Qualifies for Entrepreneurs Relief option displays; select this option.

8. Enter the percentage of the asset which qualifies for entrepreneur’s relief.

9. Complete the rest of the asset details as required and click Save to continue.

10. Enter details of any losses in the right-hand panel and click Close to continue.

Box 15 has changed, it is now for gains made before 23 June 2010 qualifying for Entrepreneurs Relief that were deferred, the figure is entered via the fanned pages icon.