Capital taxes

Reduce your tax bill and protect your wealth - this section contains essential information on capital taxes. Contact us for tailored advice.

Capital gains tax

A capital gain arises when certain capital assets are sold at a profit. We consider the taxation of gains and outline the reliefs available.

Capital gains tax and the family home

We consider whether any tax is due on the sale of the family home and the availability of principal private residence and other reliefs.

Inheritance tax - a summary

Ways to minimise your estate's liability to inheritance tax.

Making a will and other related matters

One of the most important elements of estate planning.

Land and Buildings Transaction Tax

Land and Buildings Transaction Tax (LBTT) is payable by the purchaser in a land transaction which occurs in Scotland. This factsheet summarises the rates of LBTT which apply.

Land Transaction Tax

Land Transaction Tax (LTT) is payable by the purchaser in a land transaction which occurs in Wales. This factsheet considers the key principles and requirements.

We look at the key areas to consider for the purchaser in a land transaction, whether this is buying a house or creating a lease or assigning a lease, a purchaser is required to pay Stamp Duty Land Tax (SDLT).

Trusts

We consider the basic principles of Trusts, looking at what they are, along with a range of anti-avoidance measures aimed at preventing exploitation of potential tax benefits.

Company News & Insights

Before You Buy Property Through Your Company, Read This!

Many successful business owners reach a point where their company has accumulated surplus cash. Perhaps you've built a strong trading business, profits and cash are growing, and you're looking for ways to invest for the future. Property investment often appears…

Newsletter Sign up

Keep up to date with the latest business news, tips and articles from Morrissey Chartered Accountants.

Factsheets

Capital taxes

Company News & Insights

Before You Buy Property Through Your Company, Read This!

Could This Be the Best Investment You Make in Your Business This Year!

Extra *£800 Tax-Free? How HMRC’s 22% Mileage Rate Increase Could Benefit You

Family Companies: Tax Issues in Shareholding Structures

Newsletter Sign up