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Spring Budget 2020 – Capital Gains Tax

Spring Budget 2020 – Capital Gains Tax

The annual exemption for individuals is currently £12,000. From 6 April 2020, this will increase to £12,300. A husband and wife each have a separate exemption. Same-sex

Residential property sales from April 2020

Residential property sales from April 2020

We have included updates in our newsfeed earlier this year that sales of residential property subject to Capital Gains Tax (CGT) – from 6 April 2020 – will need to be

Meaning of goodwill for CGT purposes

Meaning of goodwill for CGT purposes

Goodwill is a subject we hear about often but interestingly is rarely mentioned in legislation. In fact, the term 'goodwill' is not defined for the purposes of the Capital