27th July 2023
In most cases, there is no Capital Gains Tax (CGT) to be paid on the transfer of assets to a spouse or…
20th July 2023
The definition of a connected person for tax purposes can be complex. A statutory definition of “connected persons” for Capital Gains Tax…
13th July 2023
If you inherit property, you are usually not liable to pay tax on the inheritance you receive. This is because any Inheritance…
6th July 2023
As with the Income Tax personal allowances, taxpayers have an annual exempt amount for Capital Gains Tax (CGT) which is forfeited if…
29th June 2023
As a general rule, if you are resident in the UK, you are liable to pay Capital Gains Tax (CGT) when you…
22nd June 2023
Gift Hold-Over Relief is a tax relief that results in a deferral of Capital Gains Tax (CGT). The relief can be claimed…
8th June 2023
If you sell an asset for less than you paid for it, you would make a capital loss. As a general rule…
1st June 2023
In general, there is no Capital Gains Tax (CGT) on a property which has been used as a main family residence. An…
25th May 2023
Most payments a company makes to its shareholders, in respect of their shares, will be qualifying distributions and may be subject to…
18th May 2023
The Capital Gains Tax (CGT) rules that apply during separation and divorce changed for disposals that occur on or after 6 April…