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    • Home
    • Capital Gains Tax
      • Capital Gains Tax
      • CGT for Non-UK Residents
      • CGT on Inherited Assets
      • CGT on Divorce
      • CGT on Gifts
      • CGT Reliefs
      • Cryptoassets
    • HMRC Enquiries & Disputes
      • Overview
      • Covid-19 Investigations
      • COP9 Investigations
      • COP8 Investigations
      • Criminal Investigations
      • HMRC Compliance Checks
      • Tax Appeals
      • Tax Tribunals
      • Debt Management
      • IR35 Investigations
      • National Minimum Wage
      • Residence & Domicile
      • VAT Checks & Repayments
      • Voluntary Disclosures
    • Tax Planning
      • Tax Planning Overview
      • Business Restructuring
      • Tax Risk Management
      • Research & Development
      • Inheritance Tax & Trusts
      • Capital Allowances
      • EIS Relief
    • Practice Support
      • Overview
      • Practice Support
      • Insolvency Practitioners
      • Lecturing & Presenting
      • Expert Witness Work
      • Practice Risk Management
    • Join our Network
      • Accounting Practices
      • Consultants
    • About Us
      • Blog
      • Reviews and Testimonials

The Tax Faculty

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  • Home
  • Capital Gains Tax
  • HMRC Enquiries & Disputes
  • Tax Planning
  • Practice Support
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  • About Us

Capital Gains Tax when Gifting an Asset

Specialists in Capital Gains Tax issues when gifting an asset, with ex-senior HMRC Tax Inspectors here to help you.

Call free from a mobile or landline on 0800 0016 878 or email info@thetaxfaculty.co.uk

Call us now for a free consultation

Capital Gains Tax on Gifts of Assets

Are you looking for advice on Capital Gains Tax on the gifting of assets?

It is often overlooked that when giving away, or "gifting" an asset, there is a potential that this may cause a Capital Gains Tax ("CGT") liability to become due.


This may be the case even when no money or any other consideration at all is received in exchange for the asset, meaning that while you don't receive anything in exchange for the asset that you gave away, you still have CGT to pay.


The good news is that, here at The Tax Faculty LLP, we are experts in helping those clients who wish to give away an asset - perhaps as part of planning for the future, or to help a family member or loved one.


If you are looking to gift an asset, then we can help you to make sure that any CGT that you may be liable to pay is reduced to the lowest possible amount - all within the legislation available.


We have experience of a number of clients who have contacted us recently as part of the process of gifting a property to a family member.


Once we had taken all of the information and worked through the required CGT computations, we were able to use our extensive experience and expertise to make sure that the correct treatment was followed for CGT purposes, as well as assisting with further tax planning for the family so that they were as tax efficient as possible.


To see if we can help you with the CGT consequences of gifting of a asset, why not contact us for a free consultation? Call us free on 0800 0016 878 or email us at info@thetaxfaculty.co.uk for more information.

Contact Us

Contact us today on freephone 0800 0016 878 for a free consultation on all Capital Gains Tax issues, or fill out the handy form below and we'll get back to you as soon as possible. Alternatively, you can email us at info@thetaxfaculty.co.uk or complete the handy form below.

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