You signed a contract to sell a property on which you’ve made a capital gain. You’ve resigned yourself to paying a large tax bill, but a friend says that you could reduce it by transferring a share
of the property to your spouse. Is he right?
Published 11.01.2016
In two stealthy moves, the Chancellor used the 2018 Budget to raise some extra capital gains tax from certain individuals when they sell their home. Could this include you?
Published 26.11.2018
Where you personally own your company’s trading premises, charging it rent can give you a tax-efficient income. However, this could mean losing out on entrepreneurs’ relief (ER) when it’s sold. How
do you choose between the two?
Published 31.05.2012
If you own a property other than your home you could be facing a large tax bill when you come to sell. Apart from relying on your annual exemption, what further action can you take to reduce any
Capital Gains Tax due?
Published 16.04.2013
As a residential landlord you’ll know that HMRC is reducing tax relief on interest you pay on loans used to buy properties to let. Transferring a let property to a company is one way to avoid this,
but is there a better alternative?
Published 19.03.2019
One of our subscribers is selling a property and naturally wants to keep Capital Gains Tax (CGT) to a minimum. The sale won’t go through until next tax year, but is there a way to use the current
year’s annual exemption to lower the tax bill?
Published 17.02.2011
Our subscriber received his 2018/19 tax bill from HMRC which is higher than expected. The difference is extra capital gains tax relating to the sale of land. HMRC says it’s because the tax rate for
this is 28% and not 20%. Is this correct?
Published 27.11.2019
You own a rental property which you now want to sell. Trouble is you’ll lose a chunk of the proceeds in capital gains tax. A friend tells you that by living in the property for a few weeks you can
substantially reduce the tax bill. Is he right?
Published 09.09.2014
Shortly before you sell a property, could you transfer it into joint ownership to save on Capital Gains Tax? And if so, what are the chances of the Taxman attacking this as a tax avoidance scheme to
restore his tax take?
Published 13.04.2006
Our subscriber owns a residential property which has been let for many years. He’s considering selling it but will lose a large chunk of the proceeds to HMRC. What are the options for reducing his
capital gains tax (CGT) bill?
Published 15.05.2023