
Capital Gains Tax
Capital gains are made when you sell an asset for more money than you paid for it. As a result, you can be subject to tax which differs according to whether you are an individual or a company. If you’re self-employed or in a business partnership you pay capital gains tax. Limited companies and most unincorporated associations pay corporation tax on capital gains not capital gains tax
Effective tax planning can take advantage of tax allowances and reliefs on capital gains to create a lower overall tax liability.
Tax Planning advice is not regulated by the Financial Conduct Authority

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