Capital Gains Tax planning

If you are considering selling or giving away an asset that has increased in value, Capital Gains Tax (CGT) may apply to any profits made. However, with careful planning and expert guidance, you can benefit from a range of CGT reliefs and allowances.

The CGT advisers here at David Owen have many years’ experience in assisting clients with their personal tax affairs. We can help you navigate the rules of CGT, minimising the tax burden when you sell or gift any significant assets liable for CGT, including properties, shares, and businesses.

Expert Capital Gains Tax advice in Wiltshire

Whilst everyday items generally qualify for a CGT exemption, the allowances and reliefs available to individuals parting with assets liable for CGT have undergone several changes over the years, so it is well worth seeking advice before making any decisions.

Timing can be critical when it comes to the sale or disposal of an asset. Our CGT specialists will work closely with you, developing an in-depth understanding of your current circumstances before recommending a course of action, and handling any CGT due to HMRC.

Our expert CGT advice covers many areas, including:

• Disposal of the primary residence
• Roll-over relief
• Entrepreneurs’ relief
• Gift relief
• Reinvestment relief

Comprehensive CGT planning

CGT is chargeable on the sum of gains and losses accrued in any tax year. By using our CGT planning service, you could make considerable savings in the long run.

Once we have a clear picture of your financial situation, we can manage certain transactions for you or stagger them accordingly, allowing you to minimise or completely eliminate the CGT burden.

By enlisting our help early on, you can ensure that your financial plans for the future are as tax-efficient as possible. From CGT on property to trusts, our experienced accountants are here to provide expert guidance you can rely on.

Contact us

David Owen is a well-established accountancy firm with offices in Devizes and Marlborough. To find out how we can help you, please get in touch.

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Mike-Buckland
Michael Buckland Partner - FCA DChA
Andrew-Coombes
Andrew Coombes Partner - FCCA
Rachel Atkins
Rachel Atkins Partner - BSc FCA
Jullian-Pocock
Julian Pocock Partner - BMedSc FCA CTA
Joe-Bunton
Joe Bunton Partner - ACA

Get in touch

Choosing the right accountant to help you with your finances is an important decision. We understand this and take the time to talk through our approach so you can decide whether we are the right partner for you.

Please contact us for a free, no-obligation initial conversation.

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After some quite extraordinary detective work on Hannah’s part to get to the bottom of a tax problem, I am writing to commend her work to you in every regard. She has been incredibly patient, helpful and professional and our business could not be in better hands. She is a credit to your firm.
Mrs Lovell
I’ve been with David Owen for over 10 years. From the start, Andrew has taken the time to understand my business and goals. I’ve always received great customer service and management advice to help me maximise my business.  I highly recommend David Owen.
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