CGT is a tax on capital 'gains'. If/ when you sell or give away an asset that has increased in value, you may be taxed on the profit, even although you may have received no proceeds.
With the complexity of tax rules, it is essential to take sound advice to ensure that the optimum tax route is taken before any significant transactions take place.
Our specialist tax team can advise on the circumstances where capital gains tax would be payable.
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Government under fire over latest tax avoidance scheme
The Government has been heavily criticised after it was revealed that the Student Loans Company CEO was being paid via an agreed tax avoidance scheme.