Capital Gains Tax on Property

House prices dropped by the largest amount on september 2010 since records began. However, the rental market seems to be still buoyant and rental yields starting to look attractive again.

If you have owned a buy to let for some time, you could possibly have a capital gains tax problem.

The gain , combined with the recent increases in CGT could mean you might have a large tax bill to pay if you sell the property. If you need to find out more about capital gains tax on property please call us on 01454 321511.

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.