our services :: tax planning :: capital gains tax

When you sell or transfer ownership of an asset to another person, trust or company, and the value of the asset has increased since you bought it, you may be liable for Capital Gains Tax (CGT). For a company, such gains form part of the profits charged to corporation tax. Due to the potentially substantial values involved, the tax liabilities can be significant. A wide range of reliefs exist which can be use to mitigate these liabilities, but planning must usually be carried out in advance of the disposal.

Depending on your circumstances, we can help you to reduce or delay the payment of your capital tax liability by:

Maximising your claim for all valid tax deductions:
• Professional fees
• Enhancement expenditure
• Indexation allowance

Claiming all eligible reliefs:
• Entrepreneurs relief
• Principal private residence relief
• Lettings relief
• Gift relief

Influencing the timing of asset disposal:
• Determine if the disposal can be spread over more than one tax year to maximise available reliefs and exemptions
• Delaying payment of tax by reinvesting the proceeds and claiming:
- Rollover relief
- Holdover relief
- Deferral relief


Tax-efficient Remuneration
Employee Share Schemes
Inheritance Tax
Stamp Duty Land Tax
Incorporation
Trusts
Valuations

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