Capital gains - overview
Effective planning can minimise your liability for capital gains tax by taking advantage of available allowances and reliefs. We explain your options.
START-UP AND SME RESOURCES
Capital gains are made when you sell something for more money than you paid for it. As a result, you can be subject to capital gains tax or corporation tax.
Effective planning can minimise your liability for capital gains tax by taking advantage of available allowances and reliefs. We explain your options.
Personal and business capital gains are treated differently, depending on whether you are self-employed or trade as a limited company.
Company capital gains tax can be reduced, deferred or eliminated altogether by making use of available allowances, reliefs and exemptions.
Private residence relief allows most homeowners to sell their homes without being liable for any capital gains tax on property profits.
Selling a business is a big deal. But relief at the successful conclusion to years of work can be tempered by the reality of a substantial tax bill.
This toolkit supports tax advisers by providing guidance on the errors often found in tax returns re capital allowances for plant and machinery.
This toolkit provides guidance to tax advisers and those completing a SA tax return on the common errors in relation to Capital Gains Tax for shares.