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Pay less tax on capital gains
There are important tax savings to be made on large capital gains, but only if you plan properly.
Target has a formidable reputation for reducing tax liabilities. We’ll help plan the most effective strategy for selling business, personal or ‘mixed’ assets – and we can even help if you’ve already incurred a liability but want to defer it.
Your business: Only the right strategy will allow you to use Taper Relief properly, accessing an effective 10% capital gains tax rate on many business transactions. We’ll help you pay less tax on business sales and on disposal of unquoted or employee shares.
Private transactions: Residential property investments are ‘non-business’ so taper relief is lower. Even so, you can pay as little as 24% in tax and we can advise on spouses’ tax bands, sale timing and structuring overall ownership at the outset. We can also help with quoted shares and other assets.
Mixed use: Let us help you plan properly to maximise the ‘business’ element of a mixed-use assets.
Existing tax: If you’ve sold assets without planning ahead you may face a large tax bill. We can show you structures that will defer your tax – or eliminate it altogether if you want to use your Will to pass funds on.
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