Capital gains tax (CGT)

Capital gains tax is a minefield for property owners with complex rules, calculations and rate changes but Yardleystar has a solution to ensuring everyone pays the  least CGT.

Tax payers have several problems with CGT:

• They over estimate the amount they have to pay because they do not understand all the expenses, reliefs and allowances available as tax reducers

• CGT mitigation is worked out at the time of disposal instead of starting when a property is acquired

• CGT is paid on disposing of a property investment not a trade, like an off plan property , which attracts income tax

The key to understanding and paying less capital gains tax is to compile a checklist of the rules and carefully go through them and apply each one to your own personal circumstances while building a file of evidence to support your decisions.

This checklist has to be followed for each property you own and at the end of the process property investors can be confident they have taken all the steps they can to pay less CGT.

Find out more about paying less CGT by emailing or calling Yardleystar for a free initial consultation