16.02.2022

Pre Tax Year end planning Tip 4

Pre Tax Year end planning Tip 4

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Capital gains tax (CGT) allowance 

  1. Capital gains is the profit you make from selling certain investments, including second homes, art, antiques and shares.
  2. Capital gains of up to £12,300 are tax-free in 2021-22. Married couples and civil partners who own assets jointly can claim a double allowance of £24,600. 

Did you know 
 
Remember, if you don't use the allowance within the tax year, it's lost forever. You can't add your tax-free allowances together for different years.

Next planning tip pending............. 

  • tax year planning
  • allowance
  • Capital Gains Tax
  • Tax Planning

I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…

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