Capital Gains Tax

What You Need to Know about Capital Allowances

Did you know that you can reduce your tax bill by claiming capital allowances when you buy assets for your company? It could be anything from machines to computers and even software! Any assets you buy for your company can enjoy this benefit, allowing you to save plenty of money in the long run. That said, if this...

Read more

Capital gains tax thresholds rise

Capital gains tax is paid on the profit you make when you sell an asset that has increased in value.  From 6 April 2018, the amount of profit individuals can earn tax free will increase from £11,300 to £11,700. Married couples and civil partners can use both partners’ annual exempt amounts, raising their total to a combined £23,400....

Read more

Accountants247 Urmston

Accountants247 provide cost-effective, high value solutions to meet every clients needs regardless of the size of their business.