Capital Gains Tax

Capital Gains Tax is charged when an individual or trust sells or gifts a capital asset.

There are, of course, a handful of reliefs – Entrepreneurs, Principal Private Residence, Incorporation, Gift, Deferral, Roll and Holdover Relief. However, eligibility to claim these reliefs often needs to be established in good time before the disposal takes place. It is therefore essential for taxpayers to engage a proactive advisor to ensure you are not landed with an unattractive tax bill on an attractive disposal.

Contact our specialist tax team today on 01482 326916 or 01652 632927 for more information and advice or request a call back.

 

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