Capital Gains Tax
Leggate Associates: Specialising in Capital Gains Services
Capital Gains Tax (“CGT”) arises on the disposal of assets such as rental properties, second homes, equity investments and other items.
We assist our clients in navigating through the complex rules relating to CGT and, where possible, assist in mitigating the tax arising.
Residential Property Capital Gains rules also require taxpayers to report and pay the CGT within 60 days of the date of completion of sale. We have submitted a comparatively large number of reports on behalf of clients and are happy to provide this as a one-off service if required by Estate Agents or Solicitors.
Overall we can assist clients with the following:
- CGT advice before disposal takes place, to identify tax saving options
- CGT reporting on the disposal or residential properties
- CGT Reporting on Self Assessment Tax Returns
- Advice on the interaction between CGT and Inheritance Tax
To see how we can help you, please contact us.