Capital gains disposals could be subject to UK tax. CGT ( capital gains tax ) is charged on net gains. Individuals pay capital gains tax while the equivalent for companies are chargeable gains. CODDAN fully understands the rules as far as legislation matters in this area.
You would be surprised just how much we could save you and your business on capital gains tax with our strategic gains tax planning tools in place for you. Any investor who may of made a loss on their shares will see that we have a planning method to mitigate your loses and set you back on track again.
Capital gains rates
The purpose of capital gains rates are designed to encourage long term investing. Many people benefit by holding stock investment for more then one year.
Those individuals who are resident or ordinary residents within the UK are liable to CGT on gains from disposing of assets where ever situated.
Planning for the Future
If you invest in the following: bonds, mutual funds, real estate, or any other financial investment, you will need to know the impact of CGT on your return. Capital gains tax resources should teach you all you need to know about making the right decisions. If you have any doubts consult your accountant about what CGT strategies apply to you.
Companies are subject to corporation tax on chargeable gains calculated according to modified CGT rules.
