Capital Gains Tax

At Smith Heath, our experienced team will advise you on an approach to the sale that will ensure it is carried out in the most tax-efficient way.

Capital gains tax is levied on any “gain”, or profit, above an annual exempt amount, when you sell or give away an asset that has increased in value.

So if you are considering selling an asset – such as a business, shares, property or even antiques or jewellery – you need to understand the potential tax implications.

If you are selling a business or substantial shareholding, you may be able to take advantage of “entrepreneur’s relief”, which effectively reduces the capital gains tax rate to 10% on gains accumulated during a lifetime.

At Smith Heath, our experienced team will advise you on an approach to the sale that will ensure it is carried out in the most tax-efficient way.

We are a telephone call or e-mail away

and an initial meeting is always without obligation and free of charge.

01242 541440 or
info@smith-heath.co.uk

“Whilst this web site outlines the different areas in which we provide taxation related assistance, the common thread is that of advice. We will prepare calculations and file returns on your behalf, but more importantly, we will offer advice and assistance in each and every area to ensure that your tax affairs are structured in the most efficient manner possible”