Capital Gains Tax – planning and actions to take by 5 April 2016

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If you have realisable assets such as shares it may be possible to reduce your overall capital gains tax bill by taking actions on or before 5 April 2016.  For example, it may be beneficial to realise capital gains up to £11,100 (the annual exemption), or to realise any capital losses.  Utilising husband and wife transfers (free of capital gains tax) or making certain investments can also reduce capital gains tax.

For capital gains tax planning advice please contact us.

David Wilsdon