Capital gain tax

Capital Gain Tax

Capital gain tax arises when a chargeable person disposes a chargeable asset. There are many assets that can be subject to capital gain tax when they are disposed of, such as share, residential property and precious metal. However, it is not as simple as it sounds.

There are many capital gain tax relief and exemption for which your company may be eligible and the eligibility has to be evaluated on the ground of individual circumstance. These relief and exemption may lead you to significant tax saving.

Therefore, it is highly recommended to seek professional advice in order to mitigate or reduce potential tax liability if you are considering disposing a personal or all or part of your business assets.

Remember! Timing of transaction plays a big role in tax planning, therefore, contact to us before you make any further move in it.

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