CGT Efficient Investments

Our team at The Accountancy Solutions specialise in all areas of CGT, including the management and planning of CGT, CGT returns, and the claiming of exemptions and reliefs. For more information about our professional, tailored services and tax-efficient investment advice, don’t hesitate to contact us today. 

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Most gains over the personal allowance of £11,300 are eligible for the full rate of Capital Gains Tax (CGT). Due to this, many people seek to safeguard their investments by making CGT efficient investments. These are normally held in a self-invested personal pension (SIPP) or an individual savings account (ISA), both of which are very tax-efficient ways of investing money in terms of CGT. However, there are also some additional ways to safeguard investment and pay as efficient an amount of CGT as possible. This can come in the form of trusts and schemes and investment in certain assets that have additional exemptions.

Advice For CGT Efficient Investments

At The Accountancy Solutions, we can provide expert assistance and advice about all areas of CGT efficient investments, including the use of ISA’s and SIPP’s. We also provide professional and knowable advice about the following tax-efficient investment schemes, assets, and transfers:

  • Chattels – certain assets with a lifespan that exceeds 50 years can receive an additional exemption from CGT of £6,000.
  • Wasting Assets – certain assets with a lifespan that does not exceed 50 years can be exempt from Capital Gains Tax.
  • Asset Transfers – transferring assets tax-free before disposal to share the Capital Gains Tax allowances.
  • Venture Capital Trusts (VCTS) – investment in stabilised businesses with tax breaks after such a point where the VCTS have been held for 5 years (up to £200,000 a year).
  • Enterprise Investment Schemes (EIS)– reinvestment in other assets after the sale of assets to defer Capital Gains Tax requirements until after the EIS is sold (up to £1 million a year).
  • Seed Enterprise Investment Schemes (SEIS) – investment in small business with no CGT requirements on disposal of SEIS assets after three years (up to £100,000 a year).

OUR PROMISE

We care for our clients. Building and maintaining fantastic relationships is what we do best, we will never treat you as a number which is what makes our approach so unique. The highest level of customer service combined with a keenness to listen and work together with our clients means that we leave a stream of happy clients in our wake every single day. Our services come with unlimited help and support provided at no extra cost throughout the year.That help and advice will all come courtesy of your own fully qualified and dedicated small business accountant.

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Are you just looking for an answer to a general question? We always provide free advice to individuals and self employed persons. You can send us an email, call us or fill in the form. But you should be asking answers to general questions.

Personal Capital Gains Tax

As an individual, you must pay your CGT within 30 days of selling your asset. There are different rules for business.

Business Capital Gains Tax

As business do not miss out on the opportunity of claiming certain reliefs on capital gains. Call our team for a brief chat.

CGT Relief And Allowances

Here we explain different reliefs and allowances that you may be eligible to receiveas business, so you can calculate exact tax.

CGT Efficient Investments

We provide expert assistance and advice pertaining to all areas of CGT efficient investments, including the use of ISA’s and SIPP’s

Frequently Asked Questions

Most frequent questions and answers

No we do not charge any fee for initial consultation. We will try to give you free guidance if its something you can do easily by yourself. We will only charge you if you appoint us to do some work for you. 

We are giving free advice on general questions and this is one way of paying back to our local community who cannot get through to tax man. But if your question is of specific nature, we will tell you about our fee.

You can certainly ask question about accounting but you should know that we cannot teach you accounting over the phone or online. If you are not familiar with book keeping or accounting, its best to hire an accountant?

If you are only after advice, we will make a decision after hearing question. It may take further investigation and we may have to look into your personal circumstances to answer your question.

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