GOOGLE ANALYTICS UA Google Search Console

Tip of the Week – 05/07/2021

Saving Capital Gains Tax

Every individual is entitled to a tax-free CGT exemption of £12,300 in 2021/22, but you also need to  make sure you qualify for any reliefs such as BADR (Business Asset Disposal Relief), so come and speak to us.

There are also some simple planning techniques such as transferring a share in the asset to your spouse to get 2 exemptions, and timetabling disposals to fall into different tax years, so getting multiple exemptions.

Get in touch is you want to discuss the impact of these, and possible pitfalls, for you.

CHAT TO US ABOUT

TAXES & ACCOUNTANCY

Striving to deliver exceptional financial services >>>

Scroll to Top