In April 2010, the Crown Prosecution Service (CPS) joined forces with the Revenue and Customs Prosec...
Capital Gains Tax is paid when a company makes a profit or sells part of, or all of, a business asset . There are several assets on which a company must pay Capital Gains Tax, and these include:
Businesses are required to work out their gain in order to determine whether or not they are required to pay Capital Gains Tax. Sole traders and people in a business partnership who are self-employed are required to pay Capital Gains Tax, while some other organisations, such as limited companies, pay Corporation Tax instead on the profits from the sale of their assets. No Capital Gains Tax is paid on any gift to a spouse, civil partner or charity. With expert guidance from our skilled tax accountant you can be sure that your company stays within the law when it comes to reporting and paying tax on your gain.
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