Taxing assets
Capital Gains Tax (CGT) is charged on the profit you make when you sell, exchange or gift personal assets. Yes, even gifting a personal asset can lead to a tax bill.
You’re entitled to an annual tax-free allowance, of course. But do note that this is now just £3,000 for individuals, having been cut by 75% over recent years.
This tax is also governed by a detailed framework of rules, conditions, rates, and reliefs covering a wide variety of situations. So it’s wise to seek professional tax advice before committing to any significant asset disposal. Doing so can help you plan effectively, limit your tax exposure and avoid any unpleasant surprises.
Together – Proactive – Impactful
Our Service
Experienced in handling most Capital Gains Tax (CGT) matters, our service focuses on constructing pre-transaction plans before assets are sold or transferred.
This proactive approach ensures that every potential scenario is modelled, offering you clear options while helping to minimise, defer, or even eliminate your tax liability.
We’ll help you evaluate both personal and business options, and carefully factor in the relevant reliefs, allowances and tax rates.
We also identify and address any potential inheritance or property tax consequences that could arise.
As always, we explain everything in clear, straightforward language so you fully understand your tax position and the choices available to you.
What’s included?
Together – Proactive – Impactful
Why Choose Us?
Together – Proactive – Impactful
