CGT liabilities can arise when an individual disposes of an asset which has increased in value since it was acquired. It does not matter if the asset was sold or gifted, a CGT liability may still arise.

We are here to help if you would like advice on how to report and pay CGT liabilities, as well as reducing or delaying CGT liabilities as far as possible.

There are numerous tax reliefs and deferral mechanisms available to reduce or delay CGT liabilities. That is why we ensure that we understand the individual and the transaction fully so that we can recommend the best option available.

Additionally, we can help you to plan tax efficiently for future disposals of assets. Sometimes small actions can have a significant impact on future tax liabilities; proactive planning is key to minimising future CGT liabilities.

We get the best results for our clients by having a team of tax experts at hand who fully understand their clients and the underlying legislation.

With a large portfolio of individual clients, we advise our clients on capital gains tax almost daily. We pride ourselves on providing bespoke and proactive advice to each client’s individual circumstances.

If you have disposed of an asset and would like advice on reducing your CGT liability or would like tax planning advice to reduce a future capital gains tax liability, get in contact for a free initial discussion.