Capital Gains Tax

Capital Gains Tax (CGT) liabilities can arise when an individual disposes of an asset which has increased in value since it was acquired. It doesn’t matter if the asset was sold or gifted, a CGT liability may still arise.

Our team can give you advice on:

  • How to report and pay CGT liabilities, as well as advising you on mitigating or delaying CGT liabilities as far as possible
  • The complex area of residential property disposals and the new online filing and payment requirement
  • Consideration of the tax reliefs and deferral mechanisms available to mitigate or delay CGT liabilities
  • How to plan tax efficiently for future disposals of assets.If you have disposed of an asset and would like advice on managing your CGT liability, or would like tax planning advice regarding future CGT liabilities, our DY team are here to help.

Need further information

If you would like some additional advice about our services, please do not hesitate to get in touch. Please call Jessica Payne, Mark Griffiths or Pam Mason on 01743 241281 or email jessica.payne@dykeyaxley.co.ukmark.griffiths@dykeyaxley.co.uk or pam.mason@dykeyaxley.co.uk.

 

Meet the experts

Jess Swift

Jessica Payne

Tax Client Manager

Shrewsbury

mark griffiths

Mark Griffiths

Director

Shrewsbury

Pam Mason

Pam Mason

Tax Planning Consultant

Shrewsbury

Get in touch today for a free consultation

If you would like some advice or have a question about your business, we would be happy to hear from you. Please complete the contact form and one of our team with be in touch very soon.