Capital Gains Tax

Capital Gains Tax

Believe it or not, there are ways to avoid paying Capital Gains Tax (CGT) that will not attract the ire of the taxman.

One popular method is to transfer your assets to your spouse or civil partner. As long as you are legally married and living together there is no CGT to pay at that point.

You can also reduce the amount of CGT payable on some assets by offsetting a loss. For example, if you make a loss when disposing of one asset that would attract CGT, you may be able to deduct this loss from capital gains that you have made on other assets.

The recent changes to Capital Gains Tax mean that careful forward planning needs to be made before disposing of an asset. The recent changes altered the liability for executors of an estate and Trustees of a Trust.  We are able to advise as to your options before you make that sale or gift to make sure you are going about it in the most tax-efficient way.

Blog Posts

Is your fulfilment business under threat?

07/08/2017

The Fulfilment House Due Diligence Scheme - the new weapon in the war on…

Read More
Upcoming Events

Gotelee Coffee Morning, Melton

12/10/2017

Join us again for another coffee morning, this time at our Melton office -…

Read More
News Posts

An icy warning for drivers defrosting their cars

14/11/2017

Suffolk has woken with a shiver this week as winter edges nearer and temperatures…

Read More

Testimonials

"Pat Smith's efficient, calm, most capable, helpful and friendly manner."

- AG

"The patience and understanding from a sincere Miss Holland."

- AD

"Prompt, efficient and knowledgeable service"

- KB

"Clarity, plenty of information provided and responses in a timely manner"

- AG

"Mrs Tracey Hammond is very professional and helpful, efficient and very friendly"

- KS

"Judy Barfoot's approachable and knowledgeable professionalism was second to none"

- CM & SM

"Ms Stuart's friendly but direct approach. I always felt understood"

- JR

"Very flexible and accommodating, very positive & clearly explained my options"

- SD

"Friendly and approachable - using language I could understand"

- CV

"Efficient, polite, friendly service with very helpful advice"

- JA

Please select preferred method of contact

* We will only contact you by telephone if you select this as primary form of contact.