Investing a small amount of your portfolio in gold can make sense from a diversification perspective, but try not to let your gains get taxed away…
cgt
Thanks to ISAs, SIPPS, and full relief on your own home, most of us can avoid paying capital gains tax. But you should still understand how it works.
Tax is a persistent pain when investing, slicing away at your hard-gotten gains. Here’s how to defuse future headaches when it comes to CGT.
Rather like B&Bs themselves, bed and breakfasting is an old-fashioned way to defuse CGT that is no longer possible without taking some extra steps.
Think only little people worry about a few quid of income tax on dividends or paying capital gains tax on a winning stock picks? Think again!
If you’re investing outside of tax shelters, you need to make sure you’re using your CGT breaks and offsetting with losses to defuse your taxable gains…
Why take one share into your portfolio, when you can mess about with two? Or three? Or ten? Well, there are a few flimsy reasons.
ISAs and SIPPs enable you to avoid tedious paperwork, as well sheltering your cash from tax.
One way of reducing your capital gains tax bill is to defer gains for decades. (It could save you a lot of share trading fees, too!)
How do you find yourself falling into the CGT bracket, given all the various ways you can avoid it? Here are some pitfalls to be aware of.
While facing a CGT bill isn’t all bad news (it means you made a profit!) few people actively enjoying paying taxes. Here’s a neat way to use equally unpleasant losses to reduce your liability.
The 10% tax rate paid by entrepreneurs applies to the first £2 million of business assets sold.
Want to avoid a big capital gains tax bill? Lucky you. Here’s some tips to help you get your tax bill down.
This post is one of a series on the changes to the UK personal tax regime introduced in the 2008/09 financial year. All Capital Gains Tax charged at 18% We all have a personal allowance, currently £9,600 (and distinct from your personal income tax allowance) before Capital Gains Tax is due. You are also allowed [...]