Capital Gains Tax Adviser - CGT
Capital Gains Tax Adviser - Capital Gains Tax Advice from Award Winning Financial Advisers.
We see tax clearly when others do not.
Capital gains tax (CGT) is a tax on profits or capital gains that you make when you sell or give away certain capital assets that you own.
What is taxed? - The sale price or value on the date you give away an asset less your yearly tax free allowance, less the purchase price is the taxable gain.
How much tax do I pay? Capital Gains Tax CGT changed in 2008: With effect from 6 April 2008, there were significant changes to Capital Gains Tax and taper relief, including the removal of taper relief for Individuals, Trusts and Business Assets and the reduction of the real rate of tax to 18%.
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