Re Mobile Home Park I forgot to mention that the day to day running of the business was undertaken by a Limited Company (in which the taxpayer was a one third shareholder) and that the Assets of the business were owned and sold by the taxpayer and his relatives. The CGT question I raised was to do with the selling of the Assets and not of the Company. Would this alter the answer you have so kindly given?
As the assets sold belong to the 3 individuals and they are all non resident I thought they might be able to avoid UK CGT.
The assets were rented either to the company (in the case of the Mobile Home Park) or to individual tenants (in the case of the Mobile Homes).
My client is not a director of the Company , nor is he employed by it. Can he claim Entrepreneurial Relief having owned (with the others) the assets right from the outset.