If you’re considering selling your business, shares, or other assets in the next year or two, it’s the perfect time to focus on Capital Gains Tax planning. Upcoming changes could significantly affect how much tax you pay especially if you don’t prepare in advance.
Currently, many business asset disposals are taxed at a rate of 10%, but that will increase to 14% from April 2025 and again to 18% by April 2026. These rises may seem modest, but when you’re dealing with high-value assets, the difference can be substantial.
Effective Capital Gains Tax planning can help you reduce your liability, make use of available reliefs, and ensure the timing of your sale works in your favour. Whether you’re aiming for a full business exit, selling shares, or disposing of other qualifying assets, expert advice can put you in a stronger financial position.
It’s all about being proactive. Waiting too long could mean missing out on today’s lower rates. If you’d like to explore your options or simply want to understand what the upcoming tax changes mean for you, we’re here to help.
Get in touch for a no-obligation chat, we’ll help you make the most of your sale before the rates rise.
