Potential Capital Gains Tax issues
Have you considered the effects of capital gains tax (CGT) on the assets you own or may be considering purchasing?
CGT is the tax you pay on the profit made when you sell or dispose assets you acquired after 19 September 1985. The capital gains are included as income in your annual income tax return so CGT is not a separate tax but a component of your income tax.
Here at Lindbeck Partners we can give you advice on how to minimise CGT issues now and in the future.
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