Capital gains tax (CGT)

Capital Gains Tax (CGT) is becoming far more prevalent in today’s society. As more of us own second homes and varied asset portfolios, such as stocks and shares, CGT has become a more significant tax consideration for individuals and businesses alike.

Langdowns DFK can help you navigate this sometimes complicated tax and plan in advance to mitigate its impact.

  • If you’re selling your business are you able to tax advantage of Entrepreneurs Relief?
  • Are you using your annual CGT allowance?
  • Have you considered transferring capital assets to your spouse to maximise your allowances?
  • Did you know you can defer or eliminate your capital gain with tax schemes such as Seed EIS?
  • If you want to defer tax on a gift of a capital you could enter into a ‘hold over’ election.

Contact us today if you have any Capital Gains Tax queries and we’ll help you make sense of them, ensuring you make the most tax-efficient decisions for you.