Capital Gains Tax Advice

Capital Gains Tax (CGT) is charged on your net gains during a tax year:

• CGT is charged on disposals during the tax year, after deducting total allowable losses
• You can carry forward losses from previous years
• CGT arises on disposal of an asset – normally on sale, but gifts, insurance claims or compensation for losses can be chargeable disposals
• The value of the gain is normally the amount you receive, but gifts and certain sales may be valued at the open market value
• CGT is not normally payable on death

We are able to offer comprehensive Capital Gains Tax advice.

Our Capital Gains tax service includes advice on:

• Allowable losses
• Chargeable gains
• CGT reliefs on shares
• CGT reliefs on Property
• Deductible expenses
• Entrepreneur’s relief
• Gift Hold Over Relief
• Business Asset roll over relief
• Private Residence relief
• Passing assets on to the next generation
• Maximising venture capital reliefs

Please contact us to discuss Capital Gains Tax advice, and how our Financial Services experts may be able to reduce your Capital Gains Tax.