Capital Gains Tax

CGT is charged on the difference you paid for an asset and what you receive when it is sold...

Upon realising the proceeds from the sale of your assets, you should be able to maximise the net return by minimising the capital gains tax (CGT) on sale.

There are many common assets that may be subject to capital gains tax when they are disposed of, such as stocks, bonds, residential properties, cryptocurrencies, precious metals and many more.

The capital gains tax legislation is very complex area. There are many reliefs and exemptions which could lead to significant tax savings. It is therefore recommended that you get us to prepare and submit your CGT. We can prepare your CGT computations and claim all allowable reliefs that you are entitled to.

If you are planning on selling a property or asset, we can review your situation and provide tax planning advise to reduce potential tax liabilities.

CGT is charged on the difference you paid for an asset and what you receive when it is sold, less your annual CGT exemption, if this has not been set against other gains.

Our advisers can help you to make the most of any CGT reliefs and exemptions that may be available to you.

For more information, please contact us.