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If you are planning to make a disposal of a capital asset (such as a share of a business, stocks and shares or a property), Silver Sevket & Co’s services can assist you.
Upon realising the proceeds from the sale of your business, you should be able to maximise the net return by minimising the capital gains tax (CGT) on sale.
CGT is charged on the difference you paid for an asset and what you receive when it is sold, less your annual CGT exemption, if this has not been set against other gains.
Our advisers can help you to make the most of any CGT reliefs and exemptions that may be available to you.
For more information, please contact us.
15 Jan 2021
HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns.
15 Dec 2020
Considering the changes set to take effect from 1 January 2021.