Capital Gains Tax​

Capital Gains tax is due when you sell certain assets such as land, buildings, shares in a business etc. It can amount to a substantial amount and you will certainly need specialist advice to ensure you pay the correct amount.

We have helped many people to minimize tax on the sale of their property and business by utilising various reliefs available to minimize the tax you have to pay.

We also help in dealing with investigations into property you may have sold or transferred in the past that has not been declared to HMRC who may have picked up a property sale you did not declare and the penalties can be severe. We can help in dealing with HMRC to minimize this by getting your records up to date.

If you think you may have failed to declare capital gains the worst thing to do is keep your head in the sand and hope its not picked up. We always advise its better to declare rather than let the HMRC approach you. We can advise you if you need to declare and ensure penalties and tax are kept to a minimum.

We can provide advice on potential tax arising prior to any sale being made as it is often possible to put things in place to reduce the tax prior to selling rather than once sold.