Business Asset Disposal Relief (BADR) is a valuable tool that helps business owners reduce the amount of Capital Gains Tax (CGT) they need to pay when they dispose of an asset, such as selling part or all of their business. Formerly known as Entrepreneurs’ Relief, BADR offers potential tax savings, but it comes with strict […]
Capital Gains Tax (CGT) might sound complicated, but if you’re thinking of selling a property, it’s something you need to get familiar with. Whether you’re selling a second home, a rental property, or even giving a property away, CGT can impact the profit you make. Let’s break down everything you need to know about how
How to Handle Capital Gains Tax on Property in the UK? Read More »
What exciting times we live in! Get started in cryptocurrency is part and parcel of the new-age, but it comes with its own set of tax rules that can easily trip you up if you’re not prepared. Many new investors don’t realise that even though there’s no specific ‘crypto tax’ in the UK, you still
Capital Gains Tax is the tax on the profit (‘gain’) you make when you dispose of an asset. ‘Disposal’ can include selling, gifting, swapping, or even receiving compensation for a lost asset. Important Note: CGT usually applies to individuals (sole traders, partners) but not incorporated businesses like limited companies. If you’re operating as a limited
