CAPITAL GAINS TAX

This tax is levied on profits from the sale of assets usually land, property or shares but could be any assets.

The tax is levied for persons at 28% on most gains after 23 June 2010.

There is an annual exemption which is £10,100 in the tax year 2010/2011.

If you would like help with the Capital Tax computations or related matters please e-mail us details.