Capital Gains Tax & Inheritance Tax
Careful planning of capital asset disposals is essential in order to minimise capital gains tax. We have wide ranging experience in dealing with all aspects of capital taxes and provide services to assist our clients with calculating potential capital gains tax. We ensure that available reliefs such as entrepreneurs relief, principal private residence relief and lettings relief are maximised together with exemptions such as the annual exemption, spouse exemption or gifts to charity. In addition to this we also offer a specialist service for UK property owned by non-residents.
Our estate and inheritance tax planning specialists work with you to identify ways to minimise your inheritance tax liabilities. We’ll look at tax-minimisation opportunities, including trusts, and help you make best use of the gifts and exemptions allowed under IHT rules, including lifetime gifts, annual gifts, gifts to charities and agricultural and business property relief. We will look at your estate from all angles so that, for example, a gift that saves inheritance tax does not create a higher alternative tax liability.