Corporate Clients - (Limited companies)

Although not liable for Capital Gains Tax, Indexation is still applied to the calculation of gains. Therefore limited companies need to maintain accurate records of historic transactions in order to ensure you are reporting a precise gain or loss.

Private Clients - (Individuals, trusts)

Changes in legislation to the rate and Indexation allowance mean that gains/losses may be reflected inaccurately and you could be paying too much tax.

Individuals managing their own share dealing account may wish to clarify the tax position of their portfolio before year end to maximise allowances or minimise excessive gains.

Please contact us if you have any queries regarding your chargeable gains or the share identification rules.