Wednesday, 22 August 2018

DAILY TAX TIP: Timing your capital asset disposals

DAILY TAX TIP: 

Timing your capital asset disposals.

The rate of Capital Gains Tax you must pay is linked to the amount of income you receive in the tax year. You may be able to reduce your capital gains tax by making sure that any gains you have (from investment property sales, share sales etc) fall into a tax year in which you have a lower level of income.