CGT is chargeable on the world-wide gains from asset disposals by individuals who are resident or ordinarily resident in the UK. However, there are a number of ways to mitigate or eliminate a capital gain and the rate of tax payable on it; and the earlier plans are put in place the more options are available.
We advise on tax-efficient structures for asset disposals and how you can use the available tax reliefs to minimise and defer tax on gains that are chargeable. For example, we can ensure you get the maximum benefit from Entrepreneurs' relief by helping you set up tax-efficient business structures from the beginning. We carry out regular reviews to ensure that you continue to meet the many qualifying requirements.
Read more in our briefing will you qualify for entrepreneurs‘ relief?
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