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+44 (0) 1252 728 598 | info@branstonadams.co.uk
Assets that you own are known as capital items. A gain is an increase in its value. Capital Gains Tax is a tax on that gain.
You normally only pay Capital Gains Tax when you no longer own the asset - that is when you have disposed of it, either by selling it or giving it away.
Capital Gains Tax is chargeable on the difference between its worth (or market value) when you received it, and the value at the time of disposal. The tax is chargeable whether you receive money for it or not.
There are many different circumstances where you could be liable to Capital Gains Tax, including disposing of assets that you have inherited or been given.
We provide up-to-date advice on the best way to handle your assets and help you plan for the future, ensuring your tax liability is minimised. We will also take care of all compliance issues with HM Revenue and Customs on your behalf.
If you are interested in this service and would like discuss your requirements further, please contact us in our Farnham office by phone, email or using our online enquiry form.
29 Jul 2025
Statistics published by HMRC have revealed that Capital Gains Tax (CGT) revenue fell by 18% in the 2023/24 tax year.
28 Jul 2025
The Institute for Fiscal Studies (IFS) has called for the government to take 'decisive action' to ensure the pension system is future-proofed for the next generation.
25 Jul 2025
The government will charge Inheritance Tax (IHT) on unused pension pots and death benefits from April 2027.
Get in touch with Branston Adams to arrange your free consultation.