Capital Gains Tax PlanningMany people are unaware that they could have a potential Capital Gains problem. Any person with a second property, employee with share options, directors with their own company or individuals considering life-time gifts will need to consider Capital Gains Tax carefully.
With prior tax planning, it is often possible to reduce or totally avoid capital gains tax. Depending upon your circumstances, we may be able to reduce your CGT liability by claiming all eligible reliefs and losses; making use of all available exemptions or delay the payment of your capital gains tax liability.
Furthermore, in conjunction with Pension planning it is possible to remove completely any exposure to Capital Gains tax.
Consideration is also necessary for allowability of professional fees and enhancement expenditure and current and earlier year losses.
Seek our advice in structuring your financial affairs and rest assured that you will not be paying any more capital gains tax than you absolutely have to. In addition, we shall complete all of the necessary paperwork for you and communicate with the HM Revenue & Customs, to agree the liability, on your behalf.