Capital Gains Tax
Capital Gains Tax
This can include: selling shares, transferring a property to someone else, exchanging an asset for something else or receiving compensation… The list goes on!
However, the actual amount of Capital Gains Tax you will have to pay will vary depending on your tax free allowance and any other additional reliefs you have taken.
In most cases, CGT is dealt with via the self-assessment system when you submit your tax return. However, you now need to report the gains on disposal of any residential properties in the UK to HMRC within 30 days using a separate form.
There are beneficial rates and reliefs to be taken advantage of and our tax specialists are best placed to help you do this.
If you are struggling to assess your potential Capital Gains Tax liabilities, our team of tax consultants can help. Harnessing our years of experience in this field, we can not only help you to minimise these costs – for good –but we can provide tax preparation support which will ensure you don’t worry about your taxes in the future!
Why Barnes Roffe?
We are much more than your average accountancy firm. Through our continued endeavour to help all our clients to receive quality, expert tax advice; our tax preparation team can now provide you with comprehensive cover to ensure against any unnecessary taxation costs.
So contact Barnes Roffe today and take your first step to making tax less taxing. Our tax advisors are ready to take your call.
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