5 Tips to Keep Your Capital Gains Tax as Low as Legally Possible

There are a lot of different taxes in the UK, and it’s important that you’re aware not only of what affects you – but how it does, and whether there’s any actions you can take to minimise the impact, legally.

Capital Gains Tax (CGT) is a tax that is applied to the profit of an item that has been disposed of (sold) that has increased in value – so it’s not necessarily applied to the entire amount of money you’ve received, rather the amount you’ve gained in profit from it.

No one likes to pay more tax than they have to, so we’ve put together 5 handy tips to keep in mind when you’re handling your CGT, in order to keep the amount as low as possible!

Read the full article on our website: https://www.yorkshireaccountancy.co.uk/5-tips-to-keep-your-capital-gains-tax-as-low-as-legally-possible

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