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Will entitlement to entrepreneurs’ relief be affected if the shareholder cannot exercise his voting rights freely?
Original date of publication 26 June 2012, republished for technical reasons, without any changes, on 16 July 2015.
On entrepreneurs relief - are you aware of any guidance/views on whether, regarding the 5% voting rights attaching to shares, this condition is regarded as met even if the shareholder gives an irrevocable proxy to another person (e.g. a director of the company) or the Articles deem the holder to have voted same way as rest of Board/shareholders?