by James Hellyer | Mar 21, 2022 | Capital Gains Tax, Gifts
There are three circumstances when you may not have to pay capital gains tax (CGT) on a gift. They are: It the taxable value of the gift is below the CGT annual tax-free allowance of £12,300. Gifts to your spouse or civil partner, or Gifts to charities. Gifts to your...
by James Hellyer | Mar 8, 2021 | Capital Gains Tax, Income Tax, Inheritance tax, Pensions, Tax tips
You may have noticed that a certain phrase came up more than once in the Chancellor’s Budget speech last week. The phrase went something like this: Allowances/rates will be frozen at this level until April 2026. That’s four years of flat-lining rates and allowances...
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