Tax increase

capital losses

Realise those capital losses

March 15, 2023

Realise those capital losses If you are planning to sell any property or your business in the near future, be aware that the annual exemption for capital gains tax will be cut from £12,300 to £6,000 on 6 April 2023. That exemption will reduce again on 6 April 2024 to £3,000, so long-term planning is

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