Capital gains tax
Capital gains tax implications
Capital gains tax (CGT) is complicated and can include the disposal of property, shares, businesses and personal possessions. As well as selling assets it includes gifts and transfers of various kinds.
It is further complicated by exemptions and reliefs, so we would recommend anyone facing up to dealing with matters that involve CGT to talk to our experts, who can advise in plain English.
We can tell you how to legally minimise payments, particularly in relation to the disposal of property which for many people is their largest asset. There are other complications surrounding situations involving divorce, gifts to charities and family members, and changes in business interests.
The way to gain maximum benefits is for you to talk to us and plan ahead.
You may find our tax briefings download informative.
Change to Whitley Stimpson
Confirm to your accountant that you wish to move to Whitley Stimpson
Supply Whitley Stimpson with your existing accountant’s details
Relax. We’ll handle the rest.
You & your family
Jonathan Walton and Owen Kyffin of Whitley Stimpson shared their knowledge on UK trusts and how they can be used as an effective tax planning tool in B4’s The Business Brunch.
Partners in your progress
Do you need help calculating your CGT bill, and finding out which allowances you can claim to keep it to a minimum?