Capital Gains Tax (CGT) applies to individuals who realize gains from the sale, transfer, or disposal of various assets.
CGT considerations extend to a wide array of common assets, including stocks, bonds, and precious metals, among others.
The realm of CGT legislation is intricate, featuring numerous reliefs and exemptions that can result in substantial tax savings. It is highly advisable to consult with your local Belmont Accounting expert who possesses the knowledge and experience to prepare your CGT computations accurately. Our experts can identify any entitlement to reliefs, ensuring your tax liability is calculated correctly.
If you’re contemplating the sale of personal assets or planning to divest all or part of your business, we offer valuable insights into tax planning opportunities. This proactive approach empowers you to explore strategies for mitigating or reducing potential tax liabilities before you proceed with the disposal.