Capital Gains Tax – Personal

Capital gains tax is due on the profits made from the sale of capital assets. For non-business individuals this can arise in particular from the sale of shares and from rented-out or second properties.

We can advise on these matters including the best timing for disposal, as forward planning is often the key to reducing CGT liabilities

Details of gains have to be declared in a tax return. The liability calculations are usually quite complicated as there are often numerous rules or reliefs involved. We will advise the CGT tax liability and the date for settlement.

We will ensure that the CGT computation is properly declared in your tax return and file the document on your behalf.