Capital Gains Tax

What we will cover:

• Basic principles of CGT, including when a capital gain is triggered and when it must be reported
• CGT calculations and clear worked examples modelling the method of how to calculate your CGT
• Scenario work and formulas for calculating CGT for landlords who have lived in a property before or after letting it out 
• The relationship between Income Tax and CGT
• Deductible expenditure including how to manage these as a new landlord
• Reliefs, exemptions and allowances – timing is everything!
• Strategies for mitigating CGT including succession planning options
• The key conceptual relationship between CGT and IHT 
• The considerations of avoidance as to evasion in tax planning
• What happened to my gain when/if I incorporate?
• How can I use my AEA every year? – are you wasting yours?