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CGT is charged on the difference you paid for an asset and what you receive when it is sold...
If you are planning to make a disposal of a capital asset (such as a share of a business, stocks and shares or a property), Bolton Tax Accountants can assist you.
Upon realising the proceeds from the sale of your business, you should be able to maximise the net return by minimising the capital gains tax (CGT) on sale.
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.