CAPITAL GAINS & PLANNING

We know that capital gains taxes can be daunting and complex. 

Capital gains taxes are taxes imposed on the profits realised from the sale of capital assets such as stocks, real estate, or businesses.  Broadly these taxes are calculated based on the difference between the purchase price and the sale price of the asset with some of them needing to be filed within a couple of months of the sale.  Capital gains taxes can be complex, and our team of tax professionals help our clients navigate the workings of these taxes and filings.

How we help our clients

  • Tax calculation, reporting and compliance: We assist clients in accurately calculating their capital gains taxes by analysing the purchase and sale transactions of capital assets and making sure they comply with tax laws and report capital gains correctly on their tax returns.
  • Tax planning strategies: Our team will provide clients with tax planning strategies to reduce capital gains taxes legally.
  • Asset cost basis determination: We assist our clients in determining the cost basis of their capital assets, which is essential for computing capital gains and advise on the correct records of purchase prices, adjustments, and other influences that affect the basis of their assets.
  • Compliance and filing assistance: We assist clients in complying with capital gains tax laws and regulations and file tax returns accurately and on time to avoid fines or audits.
  • Timing of asset sales
  • Utilisation of tax losses
  • Utilising capital gains tax rates
  • Maximising deductions and exemptions
  • Tax deferral strategies

Get in touch with us: 01243 251625, info@platinumas.co.uk

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