Do You Pay Capital Gains Tax on Primary Residence When You Sell?

Do You Pay Capital Gains Tax on Primary Residence When You Sell?

Curious about the possibility of capital gains tax implications when selling your primary residence? It’s a common query, with many homeowners concerned about the potential tax impact of selling their main house. We’ve frequently encountered this query and have spent considerable time unravelling it. Notably, in the UK, you might only sometimes need to pay […]

If You Sell a Business, How Is It Taxed? Exploring the Tax Implications

Choosing to put your business up for sale raises a pivotal question: if you sell a business, how is it taxed? This query isn’t merely routine; it’s essential to understanding your financial status post-sale. Many proprietors find themselves entangled in the intricate net of tax obligations associated with business disposal. We have successfully journeyed through […]

What Happens If You Don’t Pay Capital Gains Tax: Consequences of Avoiding Tax

What Happens If You Don't Pay Capital Gains Tax: Consequences of Avoiding Tax

What happens if you don’t pay capital gains tax? Many individuals often need clarification regarding capital gains tax. Maybe you’ve recently sold a property or shares, and now the potential tax implications loom large. It’s a situation that many encounter, and the initial confusion is quite reasonable. Through our research on this topic in the […]