Exchanging high-value assets or receiving certain forms of compensation may also result in Capital Gains.
The amount of Capital Gains Tax you have to pay will vary based on your tax-free allowance as well as a variety of reliefs and exemption available. These are prone to changing year to year so it’s important to keep on top of it and our team of capital gains tax accountants is best placed to help you do just that.
In order to minimise your CGT, your best bet is to have a proper tax plan in place. Our capital gains tax specialists are ready to discuss the issues you are facing and help you set up your assets in the most tax-efficient manner possible. Helping you keep your liability to a minimum or defer it when it comes time to sell.