CGT - G Herbert Banks

Taxation of assets can occur for a variety of reasons but the most common is capital gains tax (CGT) upon disposal of an asset which is liable for this tax.  CGT is a tax on the uplift in value upon disposal with the uplift calculations from the date you owned the asset or March 1982 if owned prior to this date. We are able to work with your professional advisors, and accountants, to produce a report to calculate any tax due but also advise as to what likely costs and personal allowances can be put against the tax liability.