Capital Gains Tax Mitigation

Capital gains tax mitigation planning can be used to defer indefinitely; or avoid capital gains tax liabilities.

Our specialist capital gains tax team have many years experience in creating bespoke tax mitigation schemes to defer, reduce or remove your exposure to capital gains tax.

A recent example of such planning is a client who wished to sell their large investment asset and crystallize a gain of £500K.  The options available to the client under normal circumstances are to pay the gain of approx £137,000 or invest the sale proceeds in a qualifying asset, delaying the capital gains tax charge.

However, by creatively utilising existing tax planning structures we were able to create an environment whereby the client was able to sell the large investment asset and avoid the capital gains tax  charge permanently and completely, without tying the sales proceeds up in a qualifying asset.

Aside from bespoke tax planning there are also typical tax strategies for mitigating capital gains tax.  These are;

• Deferral of capital gains tax and tax free growth through the use of venture capital trusts and enterprise investment schemes
• Transference of an asset to; and the sale from an offshore trust company can remove exposure to capital gains tax
• Utilising incorporation relief and rollover relief can remove future exposure to capital gains tax

 
If you would like to discuss whether we can help with your Capital Gains Tax issues, please do not hesitate to contact us.

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