Capital Gains Tax (CGT)

Capital Gains Tax (CGT) issues can be complicated, and our tax specialist teams can advise on the CGT implications in a variety of circumstances, such as:

  • quoted and unquoted share disposals
  • business disposals (both corporate and non-corporate)
  • planning succession
  • sales and gifts of property
  • availability of reliefs
  • gifts to individuals and trusts
  • disposals by trustees and personal representatives
  • 'entrepreneur's relief' in relation to business assets
  • establishing and claiming losses
  • where two or more properties are in point, the availability of main residence relief.

Peter Warren, Bird Luckin's Tax Director says: "It is always best to seek advice before entering into transactions, to allow any planning to be considered. Reacting after the event means that while some planning may still be possible, in some circumstances we are more likely to be looking at damage limitation. Our aim is to produce clear, helpful and concise advice, so that clients can make an informed decision about how to proceed."

Our tax specialists will examine all the CGT options, and can offer advice on a range of issues including:

  • how to achieve your objectives
  • the 'tax cost' of taking advice
  • alternative suggestions - the 'bigger' picture and comparing the tax cost
  • summarising the consequences.

For further information, or for a FREE initial consultation, contact Jenny Cook at our Chelmsford Office on 0800 146870 or e-mail jennycook@bird-luckin.co.uk