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12 London Road, Morden, SM4 5BQ
M-112, 65-69 Lots Road, SW10 0RN
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In today’s blog, we’re going to delve deep into capital gains tax, when you need to pay it, what its rates are and what are the ways for avoiding capital gains tax on property UK. What is Capital Gains Tax (CGT)? Capital gains tax is levied on the increased value of an asset while […]
How to avoid capital gain tax on property in Uk Read More »
Tax-planning is important when you pay Capital Gains Tax on any profit you make. You have to pay CGT when you are selling your whole or part of a business. If you are a sole trader or trade as a limited company, the business capital gains will act a little differently for you. So, if
CGT for individuals, sole traders and partnerships Read More »
When you sell your house (‘main house’ or ‘private house’), you do not have to pay CGT on the income. This is because you lived there for the whole ownership period, as the gain is tax-free. The relief is subject to the fulfilment of certain conditions. Here, we discuss the rules and the preferential care
Capital Gains Tax on Main Residence Read More »
CGT Entrepreneurs’ Relief Explained Entrepreneurs relief was introduced to help protect entrepreneurs from rises in CGT rates. The Entrepreneurs’ relief is available to individuals (or trustees in some circumstances) but not to limited companies. Entrepreneurs’ relief can apply when you sell part or all of your business or shares in your own company after
Entrepreneurs’ Relief Read More »
Our team of qualified accountants in London has qualifications from top accountancy bodies, such as ICAEW ( Institute of Chartered Accountants of England & Wales, ACCA ( Association of Chartered Certified Accountants & AAT ( Association of Accounting Technicians). In addition, we are on ICAEW approved employer’s list.
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