Capital Gains Tax – with careful planning and proactive advice, we can help you to retain more of your gain on the disposal of assets, property and investments and to minimise the Capital Gains you pay.
Tax Services
Expert Guidance on Managing Your Capital Gains Tax Liabilities
When selling or disposing of valuable assets, such as property, shares, or business interests, you may be liable for Capital Gains Tax (CGT) on any profit made. Even gifts made to family members can be liable for CGT. Therefore it is important to get the right advice to ensure that you are making full use of any exemptions and reliefs available to you.
We specialise in helping individuals, landlords, investors, and business owners understand and manage their CGT obligations.
What is Capital Gains Tax?
Capital Gains Tax is levied on the profit made when you sell or dispose of certain types of assets. The tax is calculated on the difference between the original purchase price and the sale or disposal value of the asset. CGT applies to assets such as:
- Property not used as your main residence
- Shares and investments
- Business assets
- Personal possessions over a certain value (e.g., art, jewellery)
Our CGT Services Include:
CGT Planning & Strategy
Proactive tax planning can significantly reduce your CGT liability. We provide tailored advice on how best to structure your assets, optimise exemptions, and make use of any reliefs available to you.
Property Disposals
Whether you’re selling a second home, rental property, or investment property, we’ll help you calculate your CGT liability and guide you on tax-efficient ways to manage the sale. Our services cover everything from reporting the sale to HMRC to ensuring you meet the 60-day filing deadline for residential property.
Business Sale Advice
If you are planning to sell a business or business assets, our team will help you maximise tax reliefs available, including Business Asset Disposal Relief (formerly known as Entrepreneurs’ Relief), reducing your tax rate to as low as 10% on qualifying gains.
Inheritance & Estate Planning
Effective estate planning can reduce future CGT liabilities. We can advise on how best to pass on assets to beneficiaries while utilising tax exemptions and avoiding unnecessary CGT.
