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    Capital gains tax - Reliefs - Other reliefs - Chattel relief - 52195

    The disposal of most chattels is exempt from capital gains tax, unless the asset is a non-wasting chattel and the consideration exceeds £6,000, when special rules apply. 1. A chattel is defined...

    Unexpected capital losses and how to use them

    As well as the family business you inherited some art and antiques from your parents a few years ago. You want to sell them to raise cash. You expect to make gains on some and losses on the others. What’s...

    A winning tax exemption for medals

    The 2016 summer Olympic Games isn’t far away. You might not stand a chance of winning a medal, but collecting and selling old ones can earn you tax-free rewards. When can you take advantage...

    Tax-free cash profits

    Like other taxes, capital gains tax includes exemptions. How can you take full advantage of these where you invest in valuable coins or currency?

    Delaying Capital Gains Tax

    If you’ve already used your 2012/13 annual exemption for Capital Gains Tax but want to sell some more assets, what are your options to stop, or at least delay, HMRC from getting its hands on...

    Gold, silver, bronze and other prizes

    No doubt the medals won in the Olympic Games are preciously guarded, at least for now, but in years to come many will become collectibles. What’s the tax position if you buy or sell sporting...

    Profit tax-free from personal assets

    Flogging off the family silver or other valuable assets might land you with a Capital Gains Tax bill. But choose the right items to sell and follow a few simple rules and you can walk away with...

    Selling personal assets

    If you need some extra cash to survive the current downturn, you may be considering selling some antiques or jewellery. But will the Taxman take a big bite out of the sale proceeds?

    How much for the garden shed?

    How much for the garden shed?.. Selling a house. Selling a second (or third house) and want to save some tax? Of course. Look no further than your garden shed. Why? Wasting chattels. The profit...