This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Everyone has heard of Capital Gains Tax (CGT), but it still can catch us unaware.
Capital Gains Tax is a tax made on gains on the value of your assets. This can include shares (in your company, or general investments), business assets or second homes. It can also apply to sales of other valuable possessions. Cryptocurrency gains get caught too.
Because capital gains tax is not automatically deducted by HMRC, you need to report it. If you don’t report in the right way at the right time, the penalties may exceed the actual tax charge.
But don’t worry, our team of tax experts is here to help. Speak to us before you arrange to sell your asset and we can make sure the sale is arranged in the best way for you, your family, or your business.