Article Database - Topic: 'Capital gains tax' - Keyword: 'Annual exemption'

 
Selling your company - simple steps to reduce CGT Publication date: 01.11.2017
Article database » Capital gains tax » Annual exemption
Capital gains tax rates are at their lowest ever. So if you’re selling your company and expect to make a gain you probably won’t want to consider high-risk schemes to save tax. Are there any no-risk strategies you can use instead?
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How many CGT annual exemptions can you use? Publication date: 02.02.2017
Article database » Capital gains tax » Annual exemption
The stock market has been riding high which means you could be sitting on capital gains. You might not want to realise them just yet, but what steps can you take now to reduce the tax bill when you decide to sell?
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Closing down your company tax efficiently Publication date: 13.10.2016
Article database » Capital gains tax » Annual exemption
You’re winding down your business with a view to retirement. Your accountant says the best way to do this is to liquidate the company. That’s probably good advice, but how should you time the liquidation for maximum tax efficiency?
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Selling a business - a new angle Publication date: 02.09.2016
Article database » Capital gains tax » Annual exemption
If you sell your business the buyer might offer you loan notes as payment. These can be tax efficient despite the restrictions introduced in 2010. Better still, recent changes could mean even greater savings. What’s involved?
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U-turn on private residence elections Publication date: 23.12.2014
Article database » Capital gains tax » Annual exemption
U-turn on private residence elections.. Flipping. The tax election, made infamous by MPs, that allows anyone owning two or more homes to elect which one qualifies for private residence relief (PRR) (effectively an exemption from capital gains tax), was due to be scrapped in April 2015. However, the government has changed its mind and the election is...
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A simple plan to increase CGT exemptions Publication date: 20.03.2014
Article database » Capital gains tax » Annual exemption
HMRC has tough anti-avoidance laws to stop you reducing your tax bill by diverting income to your children. However, when it comes to capital gains tax you can make the rules work to your advantage. What’s involved?
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Have you paid too much CGT on your inheritance? Publication date: 10.01.2014
Article database » Capital gains tax » Annual exemption
The executors of your father’s estate sold several of his assets before sharing what was left between you and your sisters. As a result they paid several thousand pounds in capital gains tax (CGT), but could this have been avoided?
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Homes - the CGT planning advice that increases tax Publication date: 11.06.2013
Article database » Capital gains tax » Annual exemption
You’re selling a property which you bought as your home before you were married. A friend suggests that you transfer a share to your spouse before the sale as this will save Capital Gains Tax (CGT). Is he right?
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Minimising CGT on property Publication date: 16.04.2013
Article database » Capital gains tax » Annual exemption
If you own a property other than your home you could be facing a large tax bill when you come to sell. Apart from relying on your annual exemption, what further action can you take to reduce any Capital Gains Tax due?
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Annual exemption - as you were! Publication date: 14.05.2012
Article database » Capital gains tax » Annual exemption
Annual exemption - as you were!.. Increased amount. We recently told you that the annual exempt amount of capital gains for individuals had been increased by legislation from £10,600 to £11,200 for 2012/13. However, the Finance Bill 2012 will override this when it receives Royal Assent and becomes law. This is usually in July. As you were. The annual...
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