Capital Gains Tax is incurred as a result of making a profit on the sale or transfer of assets, most commonly this tax is calculated on the share of capital earned by an individual when a business they own all or part of is sold.
Planning ahead is crucial in reducing your tax liability. To make sure you are fully prepared, we can carry out a full review of your taxation position which will allow you to take full advantage of all of the concessions available.
Our specialist tax advisors and business consultants can assist you in tax planning throughout the lifetime of your business ensuring you are always extracting your cash in the most tax efficient way even before it’s time to sell. Contact us today to book a consultation with one of our experienced partners and ensure you are exiting your business favourably.
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Our local offices provide support to local businesses with sound tax and accounting advice and good local economic knowledge.
By choosing Cottons you will ensure that you and your business are not at risk of incurring and penalties from HMRC.
We understand that choosing an accountant for your business can be daunting, that’s why we offer a free, no-obligation meeting with a member of a team to help answer any of your questions. Click here to fill in our short form and a member of our team will get in touch