Introduction:
Even in the current financial world, there are many significant deals being carried out. Land and property values may have fallen since 2008, but the seller may STILL have a significant gain on which tax will be due.

Some sellers who own assest held within a company structure forget that they will have 2 taxes to pay, not just 1:

Corporation Tax when the company owned asset is sold (21% - 28%)
PLUS
Personal Capital Gains Tax when they "liquidate" the company structure and make a gain on the uplift in share value (10% on first £1m and 18% thereafter)

This makes the tax on a capital gain total anything between 10% and 46% - and that ignores IHT on the money that you end up with, which can add a further 40% to the total... ouch!

Solution:
Of course in an ideal world, we would have shown the client how to BUY an asset in a special structure - so that whatever gains were made... would be free from ANY tax.

Where we are introduced to a client with an asset that has already increased in value, then we can rebase its value as appropriate:

Capital Gains Protection:

In the current financial climate, there are many people looking to buy assets at a knock-down price. They hope that their value will increase in the future. One of the best forms of capital gains tax planning is to ensure that any assets purchased are held within an HMRC approved structure that pays NO capital gains tax on the disposal of an asset. If you are looking to build a portfolio of property, or other assets where the value will significantly increase in the future - then you should talk to us - NOW!