My client has owned a commercial building for five years and has traded from it throughout that time. However, he incorporated the business two years ago and the trade was then continued by his personal trading company rather than by him as a sole trader. He is now retiring and will sell both the property and the company shares. The company has not paid any premium or rent for the building. We understand that the building sale will qualify for entrepreneur's relief on the basis of the company's trade use in the final 12 months, but we are not clear whether the relief will also be due in respect of the earlier trade use as a sole trader?
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