Capital gains tax is hotly tipped to increase in the next tax year. If you are considering a disposal of chargeable assets completing the sale by 5 April 2010 could reduce your capital gains tax bill.
Of course the starting point is to establish the chargeable gain and any number of capital gains tax reliefs may apply to reduce or even eliminate the tax charged.
Anyone planning a disposal of assets may contact Nottingham accountants Marshall Smalley for a preliminary discussion without obligation.
Monday, 22 February 2010
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