There are many common assets that can be subject to Capital Gains Tax (CGT) when they are disposed of, such as stocks, bonds, and precious metals.
The legislation for CGT is a very complex area. There are many reliefs and exemptions which may lead to significant tax savings. It is therefore recommended that you seek the advice of your local TaxAssist Accountant who will be able to prepare your CGT computations, claim any reliefs that you may be entitled to and calculate any liability that may be due.
If you are considering selling a personal asset or all or part of your business, we can advise you of the tax planning opportunities available to you before you make your disposal, in order to mitigate or reduce potential tax liabilities.
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We specialise in supporting independent businesses and work with 80,684 clients. Each TaxAssist Accountant runs their own business, and are passionate about supporting you.
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Changing accountants is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.