Capital Gains Tax Planning
Plan before you acquire or sell an asset
We have a diverse knowledge of advanced tax planning solutions for both individuals and corporate entities including experience in Capital Gains Tax Planning solutions.
We can assist clients who have assets that are subject to a large capital gain such as property or stocks and shares portfolios where:-
You may wish to dispose of the asset and reduce or mitigate exposure to Capital Gains Tax; or
You may want to restructure your assets for other tax purposes but are unable to do so due to the gain; or
You wish to gift or otherwise deal with the asset for Inheritance Tax saving purposes but are unable to do so without triggering a charge to Capital Gains Tax.
Capital Gains Tax is normally charged at the rate of 28% for residential property disposals (excluding the family home) and 20% for most other disposals such as the sale of stocks and shares.
Planning ahead of the gift or sale of an asset is the most effective way of reducing or mitigating a charge to Capital Gains Tax.
If you are thinking of acquiring an asset that may increase in value in the future or you are considering selling or giving away an asset you already have which might trigger a charge to Capital Gains Tax then contact us today for bespoke advice.