Capitial Gain Tax

Capitial Gain Tax

Capital Gains Tax is potentially paid when an Individual, a company or other legal entities (such as a Trust) sell, or transfer an asset, at a profit that exceeds the annual exemption threshold. Although Capital Gains Tax does not apply when you sell your home or car, it does apply to the sale of other property, land, shares, businesses, valuable antiques and jewellery, amongst other things.

Calculating Capital Gains Tax can be complicated. Let our advisers provide advice on the amount of tax payable, either before or after any assets are disposed of and also recommend ways to take advantage of the reliefs and exemptions available that would minimise or possibly prevent any liability being incurred. We will also negotiate with HMRC over values, if the need arises, always providing you with friendly, honest advice.