Capital Gains Tax

Capital Gains Tax is charged on the profit made when disposing of certain assets e.g. property, shares, business assets or other investments.  Usually this applies when the asset is sold. However a charge can also apply if the asset is gifted, transferred, swapped or even when compensation is received if an asset is lost or destroyed.

Depending on the asset there are numerous reliefs and exemptions available that can reduce or eliminate the tax payable and here at robinson+co our highly trained team can help in this complicated area.

Our team can help with:

  • Capital Gains advice
  • Capital Gains calculations
  • Reporting Capital Gains to HM Revenue & Customs
  • Claiming reliefs

Avoiding penalties – certain disposals of UK land and property have to be reported and any tax liability paid within 30 days of completion.

Planning ahead is vital and contacting us before entering into formal agreements can result in significant tax savings.

Whether it is passing family wealth down the generations or selling assets to provide a fund for you or your pension robinson+co can help you safeguard as much as possible of the precious wealth for you rather than the taxman.

Got a question?

Contact Tax Manager Linda Little

lindalittle@robinsonco.co.uk

01946692423

Capital Gains Tax Services

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Tax Rates

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