I was pleasantly surprised to see the Chancellor made no changes in his Pre-Budget Report to Capital Gains Tax which remains at 18%.

The absence of any change to CGT is seen by many commentators to be linked to the forthcoming election. So once this has passed changes to tax are anticipated. By acting now it is possible to fix your CGT rate to 18% even if you still want to keep possession of the asset.

Contact Mark Busby on 01344 620495 or mark.busby@dbsellek.co.uk for practical Tax Saving solutions.