Year end Capital Gains Tax planning - SBCA Chartered Accountants

Year end Capital Gains Tax planning

By 21st March 2016Personal Tax

Have you used your 2015/16 £11,100 annual exemption? Consider selling shares where the gain is less than £11,100 before 6 April 2016. Also, if you have any worthless shares, consider a negligible value claim to establish a capital loss. You may even be able to set off that capital loss against your income under certain circumstances.