Selling the family heirlooms
There are special rules concerning the payment of Capital Gains Tax (CGT) on the sale of personal possessions also known…
Guidance on Capital Gains Tax when selling property, shares, businesses and other chargeable assets.
There are special rules concerning the payment of Capital Gains Tax (CGT) on the sale of personal possessions also known…
At first sight, the calculation of a capital gain or loss on the disposal of an asset is relatively straightforward…
Entrepreneurs’ relief is intended to reduce the rate of capital gains tax to a flat rate of 10% on certain…
Historically, the term bed and breakfasting (sale and repurchase) of shares referred to transactions whereby someone sold shares one day…
The SEIS provides for extensive Income Tax and Capital Gains Tax (CGT) breaks for investors and this greatly encourages much…
A charge to Capital Gains Tax (CGT) usually arises after an asset is sold. However, there are special rules concerning…
Entrepreneurs' relief applies to the sale of a business, shares in a trading company or an individual’s interest in a…
Where a taxpayer owns a business as a sole trader or in partnership, a Capital Gain will be deemed to…
Private residence relief exempts any gain arising on the sale of the only or main residence from capital gains tax.…
Sometimes tax-payers may sell an asset at a loss. If acceptable as capital losses, they can be deducted from Capital…
Capital gains tax private residence is relief is available where a property is occupied as the taxpayer’s only or main…
Capital Gains Tax (CGT) is normally charged at a simple flat rate of 20% and this applies to most chargeable…
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