Published: 15/07/2020 By Martin Card
Yesterday the Chancellor of the Exchequer, Rishi Sunak, ordered a review of Capital Gains Tax in the U.K. which, in all probability, is a response to the significant spend that the Government has been forced to make as a result of the Coronavirus Pandemic.It is likely that the tax will be increased in the not too distant future.
With some planning Capital Gains Tax can, to some extent, be an elective tax as steps can be taken to reduce it. This can include sheltering your investments in Individual Savings Accounts and using bespoke investment services to make use of your capital gains tax allowances each year.
At turpin barker armstrong we are ideally placed to offer advice and solutions to help reduce your future Capital Gains Tax liabilities.
If you would like a chat feel free to get in touch. Call us on 020 8661 7878 or email advice@turpinba.co.uk