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Income
Tax
There
are strict deadlines for completion of tax returns and payment of tax,
and the Inland Revenue can impose penalties and charge interest if the
deadlines are not met. We can prepare tax returns, claim
exemptions and reliefs, check your liability to ensure that you pay no
more tax than is absolutely necessary, claim a refund of any tax
overpaid and ensure that you comply with the deadlines.
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Capital
Gains Tax (CGT)
CGT
is a tax on the profit made from the disposal of certain assets,
including stocks and shares, business interests and property you may own
in addition to your principal private residence.
"Disposal" means not only selling the asset, but can also mean
making a gift of it. It is possible to avoid or reduce CGT by
ensuring that legal and beneficial ownership is arranged in the most tax
effective way, and by making sure that you claim all the reliefs and
exemptions to which you are entitled.
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