rda - taxplanning - capital gains


			Capital Gains Tax Most assets you own may give rise to a liability to Capital Gains Tax if you realise a gain when you sell them or give them away. Some assets are exempt, and every individual has an annual exemption. There are also various reliefs which may be available in certain circumstances and provided specific conditions are satisfied. The calculation of the capital gain arising can also be complicated in many instances.
			Recent legislation has resulted in significant changes in the rules for calculating capital gains. In particular, the abolition of indexation allowance for individuals and trustees, but not companies, and the introduction of taper relief, have added further complications to an already complicated tax. Contact us today The FSA does not regulate tax advice.

Capital Gains Tax