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Our specialist tax and trust lawyers are able to help you to reduce a potential CGT liability or avoid it altogether

Capital Gains Tax is charged on the disposal of assets sold at a gain. The tax is charged on the difference between the acquisition cost and the proceeds of sale.

There are various reliefs and exemptions available to help reduce exposure to liability but this is a complicated area where the provision of good advice can make a great deal of difference.

Our specialist tax and trust lawyers are able to help you to either reduce a potential CGT liability or avoid it altogether, through the provision of prudent tax planning advice.

Our lawyers look to try to provide a solution to specific problems whilst bearing in mind the bigger Estate and Succession Planning picture.

The team have a wealth of experience in advising on various CGT issues including the CGT implications of: –

  • The disposal of properties (and in particular second homes/investment properties) and claims for Principal Private Residence Relief
  • Gifts, including the setting up of Trusts
  • The Administration of Trusts and Estates
  • Aspects involving businesses including the application of Entrepreneurs Relief when disposing of business assets.

“Rix & Kay’s core offering involves advising high-net-worth individuals and families on tax, specialist trusts and succession planning matters. The Private Client Team, which spans the Kent and Sussex regions, collaborates with the corporate practice to act for business owners, directors and shareholders. Team leader Bruce Clarke has wide-ranging private client experience and advises on complex tax and estate planning work, creating and administering trusts, and advising on powers of attorney and mental capacity law. Clients praise Ian Best as an exceptional asset to the practice; he has specialist expertise in will drafting, probate and trust tax compliance work. Member of STEP Max Wright has extensive knowledge of capital tax planning issues, CGT, IHT, trusts and succession planning, as well as cross-border work”.

“Good coverage of specialism for a non-London firm, with some excellent experience among the team and a can do approach to new enquiries”.

Legal 500 results praise Rix & Kay

Google 5star review

“I have used Rix and Kay for the last 15 years on Wills, property purchases and probate services, and have always had excellent service.”

Andrew Chee – Five star Google review

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