Capital Gains Tax (CGT) is a tax which can arise on the sale of certain assets such as property, shares and other investment items such as antiques, cars and art. On account of the numerous exemptions that exist, it is imperative to seek advice when calculating a liability to CGT. |
Income, whether it is received through salary, business profits, share options or rental income, is subject to income tax. The amount of income tax due however can be reduced by offsetting available allowances and reliefs against these different forms of income. |
