Monday, 18 October 2010

Capital Gains Tax on Shares

The changes made earlier this year to capital gains tax, high lighted the need to consider tax planning for higher rate taxpayers.

For Higher rate tax the rate of capital gains tax increased from 18% to 28%.

If you own property and you have made substantial gains or you are faced with paying capital gains tax on shares or investments, then you should seek professional advice.

The financial services authority does not regulate some aspects of tax planning. This article should not be considered as advice.