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Capital Gains Tax

Individuals are charged Capital Gains Tax (CGT) in respect of gains made from selling, transferring or otherwise disposing of assets. Many common assets can be subject to CGT — including stocks, bonds, and precious metals.

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The regulatory framework surrounding capital gains tax presents substantial complexity, with numerous potential exemptions and reliefs that could yield meaningful tax savings. Professional guidance from TaxAssist is advisable to properly calculate computations, apply relevant reliefs, and assess any resulting liability.

When contemplating the sale of a personal asset or business stake, we offer tax planning consultation beforehand. This proactive approach helps identify strategies to minimize or eliminate potential tax burdens before the transaction occurs.

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Call 289-210-2555 or book a free consultation before you sell any asset — proactive planning can significantly reduce or eliminate your CGT liability.

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