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Hi, Sam here , one of the UK tax Experts here on Just Answer, thank you for your question and I shall reply shortly
You can have both but if more than 3 years have lapsed then the entitlement to ER ceases due to time constraints you either claim the roll over relief and risk then a 28% or 18% charge OR or claim entrepreneurs relief at the time of sale
No as to qualify for ER you have to meet these conditions
In order to qualify, the individual must have owned the business or shares in the personal company for at least 12 months prior to the sale/cessation.
You will fail on this factor if you sell three years later
As these are new sets of questions they should be listed as such as per Just Answer policy as additional information - I can send an additional time request but it might be more cost effective for you to list these and of course you can alwsys ask for Sam if you would prfer