Capital Gains tax
A capital gain is the profit made when you sell something that has increased in value. This could be a property, shares or even a piece of art or other assets. Therefore, capital gains tax (CGT) is payable on the gains you make.
However, there are some assets that are exempt such as the house you live in. The rules can be complex, so getting the right guidance is crucial in making sure you don’t pay more tax than you need to.
Our expertise in CGT helps our clients to understand which assets are chargeable, the reliefs available, other impacts of the CGT and how to accurately report the CGT on time.
We will work closely with you to ensure that you manage the disposal of your assets to mitigate tax liabilities. We provide clear, open communication on all accounting issues, and we are always approachable and accessible.