01513759848 enquiries@pavis.co.uk

CGT Tax Saving Tips

Our most common tax-saving tips are as follows:-

  • Moving assets across into investments that are exempt from capital gains tax (although care must be taken as any sales to move investments are likely to be disposals subject to CGT)
  • Timing disposals to spread across more than one tax year whenever possible (this means that part of the gain is taken in one tax year, and part in the next, allowing you to use two CGT annual exemption allowances. An example of this might be selling shares in blocks to fund a property purchase)
  • Transferring assets from an asset-rich spouse to an asset-poor spouse, so that both annual exemptions can be used in future disposals
  • Careful selection of which assets to sell in order to minimise tax or generate tax-free income. For example, all things being equal, using the exemption to dispose of all or part of those assets with the highest potential gain can be very effective.

The way in which tax charges (or tax relief, as appropriate) are applied depends upon individual circumstances and may be subject to change in the future. This information is based on our understanding of current HMRC rules and practice. Tax rules and allowances are not guaranteed and may change in the future.

The FCA does not regulate certain tax planning activities and services.

    IFP Logo                      

Pavis Financial Management Limited is authorised and regulated by the Financial Conduct Authority. Financial Services Register No: 153871 http://www.fca.org.uk/register.

Pavis Financial Management Limited Registered Address: 4 St. Pauls Square, Liverpool, L3 9SJ. Registered in England & Wales, No. 02625986.

Neither Pavis Financial Management Limited nor its representatives can be held responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.

The Financial Conduct Authority does not regulate National Savings or some forms of mortgage, tax planning, taxation and trust advice, offshore investments or school fees planning.

The value of investments and income from them can fluctuate, and investors might not get back the full amount invested. Past performance is not a guide to future performance. Equity based investments do not afford the same capital security that is afforded with a deposit account.

Should you have cause to complain, and you are not satisfied with our response to your complaint, you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows: The Financial Ombudsman Service, Exchange Tower, London, E14 9SR www.financial-ombudsman.org.uk

The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.

Please read our Privacy Statement before completing any enquiry form or before sending an email to us.