Capital Gains Tax image

Capital Gains Tax

The key to minimising CGT is planning as far in advance as possible. Some of the strategies will involve ensuring that one qualifies for all possible reliefs, and that may require correctly setting up for transactions years in advance.

On occasions there are last minute adjustments one can make to a pending transaction that may save some tax.

Qualifying EIS investments may allow a deferral of CGT incurred in previous years. That deferral has a potential added benefit if it moves the subsequent crystallised gain from being taxed at 28% to one being taxed at 20%. This is one method of reducing CGT by an action after the event.

We encourage our clients to discuss all financial matters with us as far in advance as possible so that we may help reduce the overall tax burden.

Require more information?

If you would like more information or would like to speak to us direct then call us on 01424 730345, 01323 412277 or 01892 784321. Or if you would prefer, ask us a question online.

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Company registered in England & Wales, number 06137832
The ICAEW audit registration number for Honey Barrett (Audit) Ltd is C005419803.
VAT No. 725 2398 29


The firm’s professional indemnity insurers are Accelerant Insurance Europe SA is a company registered in Belgium (Company number 0758.632.842) with registered office at Bastion Tower, Level 20, Place du Champ de Mars 5, 1050 Brussels.
Accelerant Insurance Europe SA is an insurance company authorised by the National Bank of Belgium and regulated by the Financial Services and Markets Authority (FSMA) (Ref. 3193).

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The Registered office is: Honey Barrett Limited, 53 Gildredge Road, Eastbourne, East Sussex BN21 4SF

Honey Barrett Limited, 53 Gildredge Road, Eastbourne, East Sussex BN21 4SF
Bexhill Office : 48 St Leonards Road, Bexhill-on-Sea, East Sussex TN40 1JB
Wadhurst Office : Pharmacy Chambers, High Street, Wadhurst, East Sussex TN5 6AP