Capital Gains Tax
Capital gains taxes what you pay on selling and assets, such as an investment property, stocks and shares, collectibles and so on.
Capital gains tax is just another tax. It’s just another way of losing an element of your wealth to the government.
Like all taxes, planning is recommended well in advance of the deadline date. In the case of capital gains tax, planning needs to take place well in advance of the proposed transaction date, for example the date of sale or contract.
In the last year, we have saved clients in excess of £250,000 of capital gains tax simply by properly planning the timing and the steps to take before sale.
Do not be fooled into thinking nothing can be done. Always seek advice before you undertake a meaningful transaction. You don’t know how much you could save.
For a free review of your case, call Gordons Knight on 020 8241 3000. We can offer you free and quick appraisals of your situation and brief you on what opportunities exist to save you and your business tax.
