Capital Gains Tax
We understand how capital gains tax works and will make capital gains tax much clearer, providing specific advice to help you avoid the pitfalls created by this taxation system which can be confusing to th layman.
As your business grows and its assets grow in value along with it, you might want to sell a company asset for a higher price than you originally paid for it, which can result in your business being taxed on the sale. This includes physical assets such as property, equipment and vehicles, as well as intangible assets such as stocks.
At Rokaid Limited we can guide you through the capital gains tax process, ensuring that you are fully compliant when conducting any sale of company assets. We will also advise on how much capital gains tax you are likely to be charged on a transaction-by-transaction basis, ensuring you remain fully informed at all times.
You can also be rest assured that we will make you aware of any available tax reliefs you can take advantage of so you benefit from them.
Whether you’re a sole trader, part of a partnership or a limited company, we are here to keep you on the right side of capital gains tax. To discuss and understand the implications of capital gains tax on a sale, please to contact us.