Capital Taxes

A capital gain arises when certain capital assets are sold at a profit. We consider the taxation of gains and outline the reliefs available.

We consider whether any tax is due on the sale of the family home and the availability of principal private residence and other reliefs.

Ways to minimise your estate's liability to inheritance tax.

Land and Buildings Transaction Tax (LBTT) is payable by the purchaser in a land transaction which occurs in Scotland. This factsheet summarises the rates of LBTT which apply

Land Transaction Tax (LTT) is payable by the purchaser in a land transaction which occurs in Wales. This factsheet considers the key principles and requirements.

One of the most important elements of estate planning.

We look at the key areas to consider for the purchaser in a land transaction, whether this is buying a house or creating a lease or assigning a lease, a purchaser is required to pay Stamp Duty Land Tax (SDLT).

We consider the basic principles of Trusts, looking at what they are, along with a range of anti-avoidance measures aimed at preventing exploitation of potential tax benefits.