Capital Gain Tax

CAPITAL GAIN TAX 


Exemptions...Allowances...Investment schemes.....Reduced CGT.

 CGT: Special Tax on private gains...

The Capital Gains Tax (CGT) becomes chargeable as a result of gains made from selling, giving away or disposing of assets you own. Most often, this includes but is not limited to share capital of a business or significant personal assets such as second home. Exchanging high-value assets or receiving certain forms of compensation may also result in Capital Gains.

At Goldlink Financials, our tax accountants will work closely with you to optimise Capital Gains tax returns through a variety of HMRC provisions like allowances, reliefs and exemptions. These provisions are prone to changes year to year so it’s important to keep on top of it with the help of a specialist CGT accountant.
 
However, the key to minimising Capital Gains tax is to have a proper tax planning in place. It is well worth discussing your long term plans with our tax team, so you are able to structure your assets in a way which keeps Capital Gains tax to a minimum whenever you're ready to sell your assets. 

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