17 March 2023
The decision to sell capital assets should first of all be driven by investment considerations rather than tax. However, provided it makes investment sense, you may wish to consider the following points before 5 April 2023, the tax year end: The first £12,300 of gains made in 2022/23 are generally CGT-free. From 6 April 2023
Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
I suppose that it is not really surprising that my cars generally die on the A9. Mind you, it is almost equally surprising that they don’t die on the A96. I know these roads between Thurso and Elgin pretty well. I must admit that of the two I probably prefer the A9 north of Inverness.