Company Owners Facing Increased Capital Gains Tax Burden

Northants company owners facing increased Capital Gains Tax burden urged to act now | Northamptonshire Chamber of Commerce

Corporate tax specialist says a close look at company structures may be of benefit  Business owners in Northamptonshire are being advised to carefully consider the structure of their companies, particularly if they are looking to sell. This is becase the Capital Gains Tax (CGT) rates that apply to the shares in trading companies have increased, and the rate of tax where Business Asset Disposal Relief (BADR) applies is increasing even further fro…

Company Owners Facing Increased Capital Gains Tax Burden

Business owners are being advised to carefully consider the structure of their companies, particularly if they are looking to sell.This is because the Capital Gains Tax (CGT) rates that apply to the shares in trading companies have increased, and the rate of tax where Business Asset Disposal Relief (BADR) applies is increasing even further from next April.Corporate tax advisory specialist Tina Harris, Partner at UK top 10 accountancy firm and bu…