Capital Gains Tax Guide UK 2025 Everything You Need to Know Capital Gains Tax (CGT) remains one of the most important considerations for UK investors in 2025. With the government tightening tax allowances and more people facing unexpected tax bills, understanding how Capital Gains Tax UK works has never been more crucial. Whether you invest…
Marriage Allowance: To qualify for Marriage Allowance, you must be married or in a civil partnership. Marriage Allowance allows married couples or civil partners to transfer a portion of their Personal Allowance (£12,570) between them, potentially reducing their tax bill. It is necessary for one partner to be a basic rate taxpayer, earning less than…
Principal Private Residence Relief (PPR) – for properties that have been your main home Letting Relief- for properties that were once your main home and have been let out Entrepreneurs’ Relief – for qualifying business assets that include shares in a trading company or business assets In the UK, property tax relief can help…
In the UK, business asset tax relief can help you reduce your tax liabilities, when selling qualifying assets. This tax relief is aimed at encouraging entrepreneurship, investment, and innovation. Here are some ways to get tax relief when you sell business asset. Business Asset Disposal Relief As part of the Business Asset Disposal…
Capital Gain Tax on Property Capital Gain tax on a property is the tax you pay on the profit you have made by selling or disposing a property that is not your home property, i.e., Second homes or holiday homes Buy-to-let properties. Business premises Inherited property Rental properties Any property that is not your…
