Capital gains tax planning
Who would find this service useful?
Capital gains tax (CGT) planning is a must for anyone who is intending to make a disposal of a capital asset for example, a share of a business or a company, stocks and shares or a property.
It is important to get advice before making a disposal to ensure that all reliefs, exemptions and allowances which are available can be claimed to ensure the minimum capital gains tax is payable.
What we can offer our clients
Our services include:
- calculating potential capital gains tax payable on a disposal
- advising on the availability of Entrepreneurs' Relief
- advising on other reliefs such as rollover relief, reinvestment relief, principal private residence relief and gift relief
- advising if exemptions are available for example annual exemption, spouse exemption or gifts to charity
- advising on transferring assets between husband and wife
- advising on the timing of a disposal
- advising on the potential capital gains tax payable on a gift
By considering all the above factors and other factors, we can advise if it is possible to reduce the tax liability, delay the tax liability or defer the tax liability, sometimes indefinitely.
Who we work with
Private client tax services works closely with other departments at Smith & Williamson to assist with capital gains tax planning, which can include:
- advice from our corporate tax department on the tax efficient structuring of the sale of a business
- advice on the tax efficient investments available in the market
- investment advice and planning
- share or business valuations
FAQs
To find the answers to a number of frequently asked questions about this subject visit the FAQs on the right hand side of this page.
Contact us
For more information on capital gains tax planning, please contact a member of the team.
