Capital Gains Tax

If you are considering selling or disposing of an asset, you may be liable to pay Capital Gains Tax (CGT). But by carefully timing the disposal, you can make the best use of the CGT reliefs and allowances available.

Our tax specialists will work closely with you to advise on your personal circumstances and effectively manage any tax liability. A chargeable gain or loss applies to the sale or disposal of all chargeable assets. It is calculated separately for each asset, which may include the gifting and sale of land and property, business assets and agricultural property.

The earlier we work with you, the more opportunity there may be to make considerable savings and plan effectively for the future.

Specialist CGT areas we can advise you on include:

• Business Asset Disposal Relief (formerly called Entrepreneurs’ Relief)

• How to qualify for roll-over relief

• How to qualify for gift relief

• Using a trust

• Disposal of the main residence

• Sale of farmland for redevelopment

• Gifting between connected persons

• Dealing with family divisions

• Exchanges of joint interest

• Reinvestment reliefs

Our award-winning Tax and VAT service combined with our accountancy and wealth management expertise offers you an integrated service that really sets us apart.