Capital Gains

Even people of modest wealth these days are sometimes affected by capital taxes. The basic rate for Capital Gains tax has now been set at 10% or 20% if you exceed the basic rate band but importantly this new rate for capital gains does not include residential property apart from your own home which is covered by Principal Private residence relief.

If you are selling major assets such as property or smaller value items such as parcels of shares we can assist with the tax implications here.