Capital Gains Tax
If you have sold assets during your lifetime, such as a second property or investments, then you will need to consider the capital gains tax implications of this sale. You will also need to ensure that the gain (or any loss) is correctly entered in your tax return.
Warners can assist in lifetime tax planning that takes into account capital gains tax liabilities. Warners have the expertise to advise on the best way to structure you estate so as to remove the capital gains tax liability altogether (where possible) or at least to delay or reduce that liability.
- Age UK Law Clinics We are working with AgeUK to offer their clients and family members the chance to have a free 30 minute consultation with one of our Private Client solicitors.
- How to Reduce your Inheritance Tax Bill A combination of rising house prices and a freeze on the threshold at which estates pay inheritance tax means that many more households fall into the tax net than was once the case. Ruth Pannell, wills solicitor at Warners in Sevenoaks, advises how, with some simple planning, it is possible to keep your inheritance tax liability to a minimum...