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    Capital gains tax - Reliefs - Reliefs for business assets - Business Asset Disposal Relief - 51000

    Business Asset Disposal Relief (known as Entrepreneurs' relief in the 2019/20 and prior tax years) reduces the rate of tax on qualifying business disposals to 10%. The relief is available to individuals...

    Capital gains tax - Reliefs - Reliefs for business assets - Business Asset Disposal Relief - Operating the relief - Claiming - 51145

    The deadline for claiming the relief is the first anniversary of 31 January following the tax year of the qualifying disposal. Typically this will be done by making a claim in the self-assessment...

    Capital gains tax - Reliefs - Gift relief - 51550

    A gift is essentially the transfer of an asset to another person for no consideration, or at less than market value. Gift relief allows the taxpayer to hold over the gain by deducting it from...

    Capital gains tax - Reliefs - Principal private residence relief - 51930

    Where an individual disposes of a dwelling house which has been their only or main residence throughout their period of ownership, any gain arising on the disposal is exempt from capital gains...

    Capital gains tax - Reliefs - Other reliefs - 52100

    Relief ¶¶ Incorporation relief ¶52105 Chattel relief ¶52195 Enterprise Investment Scheme ¶52230 Venture capital trusts ¶52425 Seed enterprise investment scheme ¶52520 Social investment...

    Capital gains tax - Reliefs - Other reliefs - Reliefs for external investors - Investors' relief - 52700

    From 6 April 2019, investors' relief applies a 10% rate of tax to gains which accrue on the disposal of qualifying shares, with no minimum shareholding required. Crucially, the vendor and any connected...

    Flow chart - capital gains tax private residence relief

    Flow chart - capital gains tax private residence reliefPrivate residence relief prevents or reduces capital gains tax being payable from the sale or transfer of a property that's been your home...

    Flow chart - business asset disposal relief

    Flow chart - business asset disposal relief Business asset disposal relief (BADR), known as entrepreneurs' relief until 6 April 2020, reduces the rate of capital gains tax for on gains made from...

    What options are there to defer CGT?

    A client wants to discuss options for deferring the tax on a gain they will be realising in the near future. You don’t have any other details at the moment and so want to research as wide a...

    Selling the family silver - how to minimise the tax bill

    You inherited some valuable items several years ago and you want to raise some cash by selling them. Despite recent falls in value they are worth more than when you acquired them. How can you...