Capital Gains Tax
Whilst the calculation of capital gains tax for individuals has been simplified in recent years, the availability and choice of reliefs and mitigation techniques has not.
We have a specialist capital gains tax advisor within Tax Services who is able to offer advice on a wide range of capital gains tax issues including second homes and principal private residence relief, letting relief, entrepreneurs’ relief, holdover relief to name but a few.
Professional advice should be sought on capital gains at an early stage to ensure the tax due is mitigated as much as possible. In many cases the interaction with inheritance tax means that careful planning is essential.
