Capital Gains Tax

As a general rule, CGT (Capital Gains Tax) is payable on the profit portion of the sale of a capital asset.  The current CGT rate is chargeable at 18%.  In fact, all forms of property are deemed to be chargeable assets unless specifically exempt.  Some exemptions are well known such as the primary residence of an individuals and private motor cars.

Capital Gains Tax can become very complex depending on individual circumstances and, furthermore, depending on the asset being sold.  The good news is that there are many possibilities to reduce, mitigate or defer your CGT. However planning and timing are absolutely crucial.

Gower Accountants Leicester are Capital Gains Tax planning experts and we are able to experienced in identify the best capital gains tax planning strategies for our clients.

If you have any questions relating to Capital Gains then please feel free to contact us for personalised tax planning solution.

Gower Accountants Leicestershire have the Capital Gains Tax planning and general Accounting expertise and the business and personal commitment to help you to maximise the potential of your Financial affairs.