BPT exam December 2019 (ACA) Watch
I think the Jersey point wanted you to discuss if he stayed there for longer than 5 years he would not have to pay UK CGT at all.
Can’t really remember what else they asked in Q3?
Finance and Accountancy Careers Content Blocks
The company only had £6m to spend and his half of the shares were worth 15m therefore they could buy 40% of his half or 20% in total. The 20% gets cancelled. He’s left with 30 out of 80 shares which is 37.5% I.e more than 30% so capital route can’t apply