Child Benefit – how it works, the pitfalls to be aware of and how it could be improved
We can work with you from the very beginning, when first acquiring an asset, to the very end, when you are thinking of selling or gifting it away.
Capital Gains Tax (CGT) is often triggered when an asset is sold at a profit but it can also come into play on gifts, transfers and even asset swaps.
Our tax expertise in this area means we are able to help you understand the rules and importantly, the reliefs and exemptions available. We can break these down for your situation and talk you through the complicated aspects, along with preparing what-if calculations and quantifying the tax payable.
Nobody likes a surprise tax bill and with our help and guidance, these surprises can be avoided.
We can help you:
We also offer expert tax advice on maximising Entrepreneurs’ Relief and Rollover Relief, whilst steering you away from the common pitfalls. Although the reliefs can be generous, it is important to carefully review your position to ensure the conditions are met well ahead of a planned exit.
Our private client team is one of the top accountancy firms for private client in the UK.
We offer you a truly joined-up service, with both our financial planning and private client tax working together to give you the best possible advice
Tolley's Taxation Awards 2019 Best Private Client Practice Finalist
We are a founder member of The International Accounting Group (TIAG)
4 Offices, London, St Albans, Rickmansworth and Milton Keynes