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Capital Gains Tax Advice

Capital Gains Tax is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. The gain you make that is taxed, not the amount of money you receive. Let’s say for example you bought a piece of art for £10,000 and then sold it for £50,000, you’ve then made a gain of £40,000. This gain is what you are liable to pay tax on.

If you are looking for any advice with capital tax gains in the Melton Mowbray area, then get in touch today. We have a strong team of business advisors and accountants, dedicated in helping small to medium sized businesses, sole traders and individuals with business advice, VAT returns, Annual Accounts, Corporation Tax Returns, Business Advice and more.

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