Capital gains tax
You & your family
News
Autumn Budget 2024 – Business Changes
Learn about the key business changes from the Autumn Budget 2024, including tax reforms, support for small businesses, and new initiatives aimed at driving growth and investment.
Autumn Budget 2024 – Full Summary
Chancellor Rachel Reeves delivered her Budget on 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.Â
Capital gains tax implications
Capital gains tax (CGT) is complicated and can include the disposal of property, shares, businesses and personal possessions. As well as selling assets it includes gifts and transfers of various kinds.
It is further complicated by exemptions and reliefs, so we would recommend anyone facing up to dealing with matters that involve CGT to talk to our experts, who can advise in plain English.
We can tell you how to legally minimise payments, particularly in relation to the disposal of property which for many people is their largest asset. There are other complications surrounding situations involving divorce, gifts to charities and family members, and changes in business interests.
The way to gain maximum benefits is for you to talk to us and plan ahead.
You may find our tax briefings download informative.
Speak to a capital gains tax expert
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Confirm to your accountant that you wish to move to Whitley Stimpson
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Supply Whitley Stimpson with your existing accountant’s details
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You & your family
News
Autumn Budget 2024 – Business Changes
Learn about the key business changes from the Autumn Budget 2024, including tax reforms, support for small businesses, and new initiatives aimed at driving growth and investment.
Autumn Budget 2024 – Full Summary
Chancellor Rachel Reeves delivered her Budget on 30 October 2024. She pledged to ‘invest, invest, invest’ to drive growth and ‘restore economic stability’.Â
Cryptoasset investors urged to declare gainsÂ
HMRC has reminded investors in cryptoassets that they should declare any income or gains above the tax-free allowance on a tax return.Â
Partners in your progress
Do you need help calculating your CGT bill, and finding out which allowances you can claim to keep it to a minimum?