If you dispose of a chargeable asset during the year you may be subject to capital gains tax. Examples of chargeable assets are:

• Properties (if it isn’t your principal private residence)
• Businesses
• Share disposals

If you have made a capital gain through the year, we can calculate your gain and prepare the appropriate schedules for you. This will take into account any reliefs that may be available to you. We can use this schedule to complete your tax return and advise you of any capital gains tax liability that may be due.

You may find that if you have a capital gain various reliefs may be available to you. Please call to discuss your individual situation with us further.

If you are thinking of making a disposal of a possible chargeable gain in the future and would like to discuss the disposal to see what the tax implications may be then please contact us.