Accounting Services
Capital Gains Tax (CGT) applies when chargeable assets are disposed of and is applicable to individuals and trustees but not to limited companies, although Limited Companies do pay Corporation Tax on the gains that they make.
The following reduces the amount of the chargeable gain:
There are several different tax reliefs which can reduce the chargeable gain. We can review all the options and advise on the reliefs most applicable to your case. Many well known reliefs include…
- Rollover/holdover relief on replacement of business assets
- Business incorporation relief
- Holdover gift relief
- Entrepreneurs’ relief – for disposals after 5th April 2008.
- Taper relief and Indexation allowance have ceased with effect from 6th April 2008
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The HFH Accounting team will be at your service and will try their best to offer you a good value for your money. We will accommodate you according to your needs as fulfilling them is our top priority. You can trust us with your best interests and we assure you that you will not be disappointed.
