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

New guidance on non-disclosure and confidentiality agreements

14/11/2019

The Equality and Human Rights Commission (EHRC) has published some guidance on the use…

Read More
Upcoming Events

How to ensure your employees really ARE your greatest asset

24/09/2019

This is an invitation only event. Gotelee's employment law Partners, Andrew West and Marie…

Read More
News Posts

Gotelee Solicitors LLP welcomes new Dispute Resolution Partner to commercial team

05/11/2019

The Partners and staff are delighted to welcome Andrew Breckenridge to the firm from…

Read More

Testimonials

"Approachable, very efficient, always willing to take my calls and update me."

- SH

"We found Rachel Dawson outstanding, polite, professional and caring."

-

"We were very pleased to have Jade as our solicitor, the service was excellent and we felt kept in the loop which minimised stress"

- CT

"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."

- JH

"Prompt, helpful, polite and very professional service"

-

"The ease that we could access and speak to Pat Smith - Thank you"

-

"This is by far the go-to firm for any issues. You are made to feel valued from the outset and they are so confident in what they do. Wouldn't recommend any other. Thank you Hugh and Max."

- Ros Jones

"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"

-

"I have used Tracey Laflin at Gotelee on a number of occasions and in my opinion, she is simply the most efficient conveyancing solicitor I have ever worked with. From the outset, she took the time to understand my specific business requirements and to date, she has exceeded all of my expectations."

- Dale Fiddy - Portobello Developments Ltd

"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"

- MT

Please select preferred method of contact

* We will only contact you by telephone if you select this as primary form of contact. All web enquiries will be stored on our website for 30 days.