Capital Gains Tax is hotly tipped to increase in 2010 so if you are considering selling any assets then best to do so before the Budget. Furthermore any of the Capital Gains exemption (£10,100) that is not used in this tax year will expire on 5 April.

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.

Call Mark Busby on 01344 620495 or email your Enquiry for practical Tax Saving solutions.