Steph
Steph is a Chartered Accountant with many years’ experience working in audit compliance and general accountancy. She is a Fellow of the ICAEW and has extensive knowledge of accountancy and tax for the self employed.
Latest posts by Steph (see all)
- 5 New Year’s Resolutions For Your Business Accounting - January 3, 2019
- Could You Be Due a Christmas Bonus from HMRC? - December 20, 2018
- How Can Businesses Prepare For A No Deal Brexit Scenario? - November 21, 2018
If you’re planning on selling part or all of your business then you will need to be aware of
Capital Gains Tax (CGT). This is a tax paid on the profit made when selling a business as a whole or any business asset by those who are self-employed, sole traders or in a business partnership.
Find out the current rates of Capital Gains Tax and what it means when selling part or all of your business:
Under the Finance Act 2016, there is a new tax law that affects those selling their second properties after 5th July 2016. This law also affects overseas investors by making them pay UK tax on their UK properties they have sold, but not lived in.