Capital Gains Tax

Usually not. Your main home normally qualifies for a relief that means no capital gains tax is due when you sell it. Second properties, buy to lets and homes that have not always been your main residence can be treated differently, so it is worth checking your own position.

It depends on the size of the gain, your other income, the type of asset and the allowances available to you. Because those vary from person to person and the rules can change, we cannot give a guaranteed figure, but we can help you understand the likely position and plan around it.

You may. If shares are held outside a pension or ISA and the gain is above your annual allowance, capital gains tax can apply. Reeves Independent does not advise on buying or selling individual shares, but if a share disposal forms part of your wider financial picture we can help you understand how it fits with your overall tax and retirement planning.

It is the amount of gains you can make each tax year before any capital gains tax applies. The allowance can change from year to year, so planning around the current position, rather than an old figure, matters. We will always work to the rules in force at the time.

Often, yes, through legitimate planning. Using your annual allowance, offsetting losses, timing disposals and making the most of reliefs can all help. This is planning, not avoidance, and it is exactly the kind of thing independent advice is for.