Capital gains tax issues can arise across the spectrum of corporate and real estate transactions undertaken by our clients. 

For corporate clients undertaking disposals or reconstructions it is important to ascertain whether or not the conditions for reliefs such as the “substantial shareholding exemption”, or reliefs which allow corporate reconstructions to be undertaken in a tax neutral manner, are available.

Major changes to capital gains tax came into force on 6 April 2008 such as the withdrawal of business asset taper relief.  We advise individuals on the new capital gains relief known as Entrepreneurs' Relief which can result in significant tax savings for individuals disposing of certain business assets.